The American Risk Retention Coalition in an open letter to leaders of the National Association of Insurance Commissioners has told them in effect not to mess with current risk retention group regulations.
Their message came as the NAIC is deliberating what recommendations to make to Congress regarding new rules for risk retention groups.
The letter, written by ARRC Chairman Dick Goff, emphasized the value of RRGs in providing liability protection for many professions and trades and summarizes ARRC's position on maintaining the provisions of the federal Liability Risk Retention Act of 1986.
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