The Risk Retention Reporter will issue twelve final issues to fulfill subscriptions with the final issue being the January 2025 edition of the Risk Retention Reporter. I will not be sending out any additional subscription renewals. I have now been at the Risk Retention Reporter for eleven years and it is time for me to move on to the next …
Actuary Rankings 2023: Milliman and WTW Lead
The Risk Retention Reporter has complied actuary rankings for risk retention groups for 2023. Milliman remains the largest actuarial service provider for risk retention groups, followed by WTW and Pinnacle Actuarial Resources. The data for the actuary rankings was compiled from data collected to produce the 2023 Risk Retention Group Directory & Guide, from self-reporting by captive managers and when …
OMIC President Tim Padovese Looks Back on his Tenure
Ophthalmic Mutual Insurance Co. RRG (OMIC) President Tim Padovese will be retiring on March 24, 2024. Formed in 1988, OMIC is one of the longest operating and most successful risk retention groups. Like many of the most effective risk retention groups, OMIC has a strong core membership in a particular niche. With a strong membership, an RRG can build out …