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CQ Roll Call
“If you are just trying to do something that you believe will underprice the market, and make a quick profit you are not likely to succeed with a risk retention group.”
Article Summary
“The right reason for setting up a risk retention group is when the commercial insurance industry is not properly providing the right coverage or the stability of coverage and pricing that a certain sector needs,” Pamela E. Davis, president and CEO of the Nonprofits Insurance Alliance, told CQ Roll Call.
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Risk retention groups should have clear motives, analysts say at CQ Roll Call (Pay wall).
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