What does Risk Retention Groups mean? Read on to discover the definition & meaning of the term Risk Retention Groups - to help you better understand the language used in insurance policies.
Risk Retention Groups
Risk retention groups (RRG) are a particular type of insurance company formed by the Federal Liability Risk Retention Act, which allows a member to write all types of liability insurance, except Workers compensation, property insurance, and policies for personal lines.
We hope the you have a better understanding of the meaning of Risk Retention Groups.