2018 October Risk Retention Reporter Headlines and Article Excerpts

NASW RRG Provides Social Workers With Insurance and Risk Management

NASW Risk Retention Group Inc. is a Washington, D.C.-domiciled RRG that has made its name among social workers by providing insurance coverage and risk management services to its more than 65,000 members, according to the company’s leadership...

2018 NRRA Conference Recap

The annual National Risk Retention Association Conference was held from October 3-5, 2018 in Chicago, Illinois. The conference added some new twists, such as a series of roundtable sessions that were a hit with attendees and a session on identifying when a risk retention group is headed for trouble that featured regulators from five different domiciles. In addition, Ken Barrett of Besso Re was the recipient of the Karen Cutts Visionary Award....

RRGs Report Strong Financials in Demotech Report

Demotech, Inc. has released its report, Analysis of Risk Retention Groups, Second Quarter 2018. The report states that risk retention groups continue to exhibit financial stability, with key ratios and financial metrics for RRGs collectively remaining strong...

Risk Retention Roundup: Number of Operational RRGs Continues to Decline

This month no new risk retention groups were added to the Risk Retention Reporter listings, and four RRGs were deleted, taking the total number of RRGs down to 217. No new purchasing groups were added to the Risk Retention Reporter listings, and no PGs were deleted, leaving the total number of PGs at 1,001...

Special Report: RRGs by Business Sector

The number of risk retention groups fell again in October. This month’s Special Report is a complete listing of risk retention groups by business sector. Although, the Healthcare sector has seen the largest number of retirements in recent years, it continues to dominate with 126 active RRGs. Other sectors with large representation include Transportation (33), Property Development (15), and Government & Institutions (13)...