2017 April Risk Retention Reporter Headlines and Article Excerpts

RRG Premium Up 2.1% in 2016, Continuing Growth Trend

Risk retention group premium increased by 2.1% to $3,090.3M in the 2016 annual NAIC filings. This is the fifth consecutive year of premium growth for the RRG industry. Growth is down from the robust 6.7% growth reported in 2015 due to a narrower band of business sectors posting gains....

Ian Davis Appointed as Vermont Director of Financial Services

Ian Davis has been appointed as the new Director of Financial Services at the Vermont Department of Financial Services. Davis steps in for Dan Towle who has replaced Dennis Harwick as the President of the Captive Insurance Companies Association....

Excess Liability RRG Has Served Mid-Sized Cities Since the 1980s

States Self-Insurers RRG, Inc., a Vermont-domiciled risk retention group, has made its name providing excess liability coverage to cities, counties, school districts, and other public entities since the late 1980s—and it’s still serving the same mid-sized cities and towns it has since its inception....

Special Feature: Tennessee Domicile Update

For this month’s special feature the Risk Retention Reporter interviewed Michael Corbett, Director of Captive Insurance at the Tennessee Department of Commerce & Insurance and Jennifer Stalvey, Assistant Director of Captive Insurance at the Tennessee Department of Commerce & Insurance while at the 2017 CICA International Conference....

Christina Kindstedt on Her New Position at Advantage Insurance

Christina Kindstedt is currently settling into her new role as Senior Vice President at Advantage Insurance, a role she took in February of this year. Prior to joining Advantage Kindstedt was Senior Vice President at WillisTowersWatson, a role she held for 14 years....

Risk Retention Roundup

This month no new risk retention groups were added to the Risk Retention Reporter listings, and one RRG was deleted, taking the total number of RRGs down to 235. One purchasing group was added to the Risk Retention Reporter listings, and no PGs were deleted, taking the total number of PGs up to 988....