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| January 2010 News Headlines |
Risk Retention Marketplace Poised for Rebound in 2010
The year 2009 has been a challenging year for risk retention and purchasing groups. For the first time since 2000 the number of operating RRGs has declined. Although RRGs are projecting that premium for the year. . . .For full story, subscribe to the Risk Retention Reporter at www.rrr.com/order
Total Number of RRGs Declines in 2009
Reflecting the ongoing soft property and casualty marketplace, the total number of risk retentions groups declined in 2009 compared to 2008, dropping from 262 to 252. . . .For full story, subscribe to the Risk Retention Reporter at www.rrr.com/order
2009 Drop in RRGs First Since 2000
The drop in the total number of risk retention groups in 2009 is the first time since 2000 that more RRGs were retired than were formed. Nine years ago, the number of RRGs was markedly smaller than 2009. After a record high of 70 RRGs in December 1998, the number of RRGs declined to a low of 64 in 2000. . . .For full story, subscribe to the Risk Retention Reporter at www.rrr.com/order
Formations of RRGs Likely to Increase by 2010
Based on the improving national economy and a hardening U.S. property and casualty insurance market, the drop in the total number of risk retention groups for 2009 will almost certainly not be repeated in 2010, a position supported by many industry professionals. . . .For full story, subscribe to the Risk Retention Reporter at www.rrr.com/order
Purchasing Groups Extend Their Geographic Coverage
As a result of the preemption of state regulation under the 1986 Liability Risk Retention Act (LRRA), one of the advantages of forming a purchasing group is the reduction in the impediments to providing coverage to multiple states….As PG numbers have topped 800 and continue to climb, the Risk Retention Reporter examined the extent to which PGs are using this feature of the LRRA. . . .For full story, subscribe to the Risk Retention Reporter at www.rrr.com/order
» More headlines and article excerpts
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| Directory of RRGs and PGs |
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| Service Provider Directory |
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| Industry Growth and Statistics |
Total Number of RRGs:
252 RRGs as of January, 2010
Total Number of PGs:
805 PGs as of January, 2010
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In Memoriam
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Karen Cutts, 1941-2010
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 Karen Cutts, the Managing Editor of the Risk Retention Reporter, passed away on February 2, 2010, after a courageous seven-month battle with pancreatic cancer. Ms. Cutts, age 69, had been on medical leave since her diagnosis on July 4, 2009. Read the complete story...
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