RRG Premium Growth Hit Record Levels in 2023: An Analysis by Business Sector

By Christopher Diemel, Managing Editor, Risk Retention Reporter As reported in the March 2023 Risk Retention Reporter, the risk retention group industry reported record premium growth in 2022. While the total growth in dollar terms remains $558.1 million, total RRG premium has been revised upwards to $4902.8 million in 2022 and to $4344.7 million in 2021 due an additional annual …

Montana Announces New Chief Examiner, Domicile Report Released

Montana has appointed Kari Leonard as its new Chief Examiner and Captive Insurance Coordinator. Leonard steps in for the recently retired Steve Matthews who had held the position since 2005. The Montana Captive Insurance Association also released its “Montana Captive Domicile Report 2023,” which showed continued captive growth in the state. The Risk Retention Reporter spoke with Matthews who noted …