Tax collectors will continue to eye captives, experts tell AM Best

Captive International

“RRGs know their industries very well so they do not have to take this sledgehammer approach… We don’t want to cut whole lines, we want to better understand risks and find other ways to manage them.”


Article Summary

Regulators should check risk retention groups (RRG) have a long term view of the risks of their members, and the ability to serve them long term, before allowing them to launch, according to Pamela Davis, president and CEO of the Nonprofits Insurance Alliance (NIA).

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Tax collectors will continue to eye captives, experts tell AM Best at Captive International