Risk Retention Groups: Clarifications Could Facilitate States' Implementation of the Liability Risk Retention Act
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "Certain indicators suggest that the financial condition of the RRG industry in aggregate generally has remained profitable. In 2003, RRGs wrote about $1.8 billion, or 1.17 percent of commercial liability insurance. In 2010, RRGs continued to comprise a small percentage of the total market, writing about $2.5 billion--or about 3 percent of commercial liability coverage. Other financial indicators, such a…
more
Date:
December 8, 2011
Creator:
United States. Government Accountability Office.
Partner:
UNT Libraries Government Documents Department