RRG News

American Claims Management Now Managing GL & Excess Claims For Golden Insurance Company Risk Retention Group

San Diego, CA, 07/24/14 – National third party administrator (TPA) American Claims Management, Inc. (ACM) was chosen by Golden Insurance Company Risk Retention Group (RRG) to manage its general liability and excess liability claims effective May 1, 2014. Since 2001, …

Alterna Enters MPL Space Through Captive, RRG Management Services

Alterna has entered into the alternative risk marketplace, specifically focusing on providing medical professional liability services for physicians, clinics, and hospital groups through one company. Most group insurance facilities (i.e., risk retention groups (RRGs), captives) have several third-party service providers …

Willis Launches WillisCaptus, New RRG Data Management System

Willis Global Captive Practice, part of the global insurance broker Willis Group Holdings has launched an online underwriting and data management system, WillisCaptus. The new system is designed for Risk Retention Groups (RRG), captives and health care providers to allow …

AMS RRG Launches Plastic and Aesthetic Surgery Program

AMS RRG will start offering new medical liability insurance coverage options specifically designed for plastic and aesthetic surgeons beginning this month. Dr. Harry K. Moon will lead the new program as specialty medical director for plastic and aesthetic surgery. He …

Medical Liability Insurer MMIC Forms Risk Retention Group

Minneapolis, Minn.-based medical liability insurer MMIC Group Inc. (MMIC) has formed a risk retention group — MMIC RRG Inc. — to meet the evolving medical liability needs of physician groups, clinics or hospitals based in MMIC’s eight-state core territory that may employ …

Federal Risk Retention Law Needs Clarification: Congressional Report

The federal law governing risk retention groups should be clarified to reduce the number of disagreements between RRG managers and state regulators and to clarify the coverage RRGs may offer, a Congressional report advises. The Government Accountability Office said varying …

Risk Retention Group Seeks Court Order in Nevada Auto Liability Case

The National Risk Retention Association has filed an amicus (friend of the court) brief protesting the Nevada Department of Insurance’s efforts stop a risk retention group from issuing automobile liability first dollar coverage. In July 2010, the DOI issued a …