Soaring RRG Formations Continue Into 2004
With the addition of four new risk retention groups to Risk Retention Reporter listings in January 2004, and more waiting to be added to the February RRR, there appears to be no let up in the momentum behind RRG formations.
Last year was a historic one for the Liability Risk Retention Acta federal law enacted by Congress in response to the nation's “liability crisis” of the mid-1980s. Never before in the history of LRRA have so many RRGs been formed in any one year.
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