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Caitlin Morgan through our blog and newsletter is committed to keeping our agency partners and insureds abreast of trends, emerging trends and developments as they relate to the segments we serve. We invite you to connect and engage with us.

The Benefits of Setting Up a Risk Retention Group

Posted on: December 14, 2018 by Chris Murray

Business owners have many options when it comes to protecting their assets from liability. Commercial general liability insurance policies and specialized coverages are available, but these do not always meet the specific needs of certain business entities. In order to address coverage shortfalls, the U.S. Congress passed legislation allowing for the creation of an entirely […] Read More

Posted in: blog Risk Retention Group

Captive Insurers Finish Strong in 2015

Posted on: August 26, 2016 by Chris Murray

According to a new A.M. Best special report, captive insurers rated by the agency ended 2015 in strong form, recording pretax operating income of $1.4 billion, which represents a 13.5% increase over 2014. Moreover, the report titled, “U.S. Captive Insurers Benefit From Core Competencies,” states that the favorable overall results for the rated domestic captive […] Read More

Posted in: blog Captive Solutions Risk Management Risk Retention Group Uncategorized

New Bill Could Expand RRGs to Cover Property Insurance for Non-Profits

Posted on: November 12, 2015 by Caitlin Morgan

In mid-October, Representatives Dennis Ross (R-FL) and Ed Perlmutter (D-CO) introduced Bill H.R. 3794, which is aimed at expanding the Liability Risk Retention Act (LRRA) of 1986 to allow certain Risk Retention Groups (RRGs) to insure policyholders’ property risk. Specifically, the measure would allow RRGs to write property coverages for policyholders that are non-profit organizations […] Read More

Posted in: blog Risk Retention Group

What Are the Benefits of a Risk Retention Group?

Posted on: November 22, 2013 by Caitlin Morgan

What Are the Benefits of a Risk Retention Group? Businesses are always looking for alternative innovative insurance solutions to mitigate their liability risk and cover their exposures. They also want to reduce their costs, gain greater control over their insurance program and grow their assets. Solutions such as Captives insurance and Risk Retention Groups (RRGs) […] Read More

Posted in: Insurance Risk Retention Group