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Are you considering a risk retention group (RRG) as a way to transfer risk beyond that of traditional insurance coverage? Join CRI’s experienced insurance partner Scott Bailey and guest Steven Lorady as they dive into the nuances surrounding RRGs from a regulatory perspective, including audit and NAIC reporting requirements, what coverages RRGs can underwrite, ownership conditions that must be met, and how premium and retaliatory taxes work for RRGs.
By Carr, Riggs and Ingram5
1818 ratings
Are you considering a risk retention group (RRG) as a way to transfer risk beyond that of traditional insurance coverage? Join CRI’s experienced insurance partner Scott Bailey and guest Steven Lorady as they dive into the nuances surrounding RRGs from a regulatory perspective, including audit and NAIC reporting requirements, what coverages RRGs can underwrite, ownership conditions that must be met, and how premium and retaliatory taxes work for RRGs.