Arizona-domiciled CLIC RRG, Inc. has begun writing premium. CLIC RRG is the first risk retention group formed to serve the cannabis industry and is providing general and product/completed operations liability coverages to growers, retailers, manufacturers, labs, and other business operating in the cannabis industry. Although CLIC RRG is serving an emerging industry, with legal complications, CLIC RRG Founder Chris Payne ...

Global Hawk Insurance Company Risk Retention Group (Global Hawk) President and Treasurer Jasbir S. Thandi has been indicted in the United States District Court for the Northern District of California. Global Hawk Vice President and Secretary Sandeep Sahota and Jaspreet Padda—an investment advisor for Global Hawk—were also indicted. The indictment was filed on November 16, 2023, and unsealed on December ...

The 2023 VCIA Conference will be held from August 7th to 10th in Burlington, Vermont. Vermont is the largest domestic captive domicile with over six hundred domiciled captives. Vermont is also the leading risk retention group domicile with 80 domiciled risk retention groups that reported gross written premium of $2,928.5 million in 2022—60 percent of all risk retention group premium. ...