RRG White Paper

On June 5, 2015, the president of a Delaware-based risk retention group (RRG) pled guilty to numerous criminal charges, including aggravated identity theft, falsifying statements to an insurance regulator, obstruction of justice, and wire fraud. The RRG provided liquor, excess, and general liability coverage to entertainment-industry clients in several states. From 2008 to 2012, It collected more than $100 million in premiums from over 3,000 policyholders.

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