Risk retention group domiciles reported strong premium growth in 2019, with nine of the top ten states posting premium gains. Overall, the RRG industry posted its largest premium increase in dollar and percentage terms since 2006, with premium increasing by 8.3% to $3,577.2 million. These gains in premium occurred even as the number of operational risk retention groups continued to …
VCIA Virtual Conference Around the Corner
The VICA 2020 Virtual Conference will be held from August 11-13. The virtual conference will feature a full slate of educational sessions, including a session on “What the Next Hard Market Means for RRGs” featuring Risk Retention Reporter Managing Editor Christopher Diemel, American Excess Insurance Exchange, RRG Vice President of Claims & Litigation Mollie K. O’Brien, and Nonprofits Insurance Alliance Chief Underwriting Officer Brian Johnson. In addition to …