In January, of the seven new RRGs added to RRR listings, six were organized to insure doctors. Four states were selected as domiciles: Arizona (two), Montana (two), South Carolina (two) and Vermont
A court showdown between the California insurance department and a Montana risk retention group will ultimately determine whether RRGs governed by federal law have the necessary flexibility to fill
This month, we added seven new RRGs--six of which are providing medical malpractice insurance for physicians. The RRGs are distributed in four domiciles--two each in Arizona, Montana and South
Even excluding the large number of RRG formations occurring since 2000, the track record of states regulating RRGs as captives, versus those regulating them as traditional insurers, is still
The 20th annual survey found that 23 RRGs were formed in the first nine months of 2007, compared with 26 for the same period last year. Health care remains the business sector accounting for the
Even in the face of a softening property-casualty market where liability insurance has become increasingly affordable and available, 2006 premiums for risk retention groups nevertheless increased 7.7
When Congress passed the Liability Risk Retention Act, it created two vehicles--risk retention groups and purchasing groups--to provide commercial insurance buyers with alternatives when liability