Regulation of Lancet Indemnity RRG by Nevada Raises Questions and Concerns.
From the 2018 December Risk Retention Reporter
NRRA Urges NAIC to Act on RRG Registrations
The National Risk Retention Association (NRRA) has sent a letter to the NAIC RRG Working Group regarding the registration requirements and fees imposed by non-domiciliary states on risk retention groups. According to the letter many RRGs have experienced delays in the review of their registration filings with non-domiciliary states...
Jailed Former RRG Exec Loses Latest Court Battle
The Delaware Chancery Court has denied Jeffrey B. Cohen, the former risk retention group executive currently serving 37 years in prison for fraud, identity theft, obstruction of justice and other crimes, in his bid to stop his former company’s insolvency...
NRRA and Captive Review to Host RRG Leaders Summit
The National Risk Retention Association and Captive Review will be hosting the RRG Leaders Summit on February 12, 2019 at the Sofitel Beverly Hills in Los Angeles, California. The event is invite only and designed to meet the business needs of risk retention group professionals, particularly those engaged in corporate governance. Delegates invited to the conference will be able to attend free of charge. If you are member of the leadership team at an RRG and would like to be a delegate visit the RRG leader summit website at www.rrgsummit.com...
RRGs Exhibit Stability in Demotech Report
Demotech, Inc. has released its report Analysis of Risk Retention Groups, Third Quarter 2018. The report finds, that in the aggregate, risk retention groups continue to exhibit a high degree of financial stability. Many key ratios for RRGs remain strong for RRGs in the aggregate, though the report finds that net premium for RRGs through the third quarter of 2018 is down slightly from 2017...
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Preferred Property Program, Inc.