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§ 3902. Risk retention groups § 3903. Purchasing groups § 3904. Securities laws § 3905. Clarification concerning permissible State authority § 3906. Injunctive orders issued by United States district courts
- 3902. Risk Retention Groups
Amendments. 1986—Subsec. (a)(1)(C). Pub. L. 99–563, § 12(c),...
- 3903. Purchasing Groups
A purchasing group may not purchase insurance from a risk...
- 3901. Definitions
The provisions of section 3(d) of the Liability Risk...
- 3902. Risk Retention Groups
Understand how the Federal Liability Risk Retention Act (LRRA) impacts RRGs and RPGs, as well as how NRRA is involved. Learn more.
Codification. October 27, 1986, referred to in subsec. (a) (4) (C) (ii), was in the original "the date of the enactment of the Risk Retention Act of 1986", which was translated as meaning the date of enactment of the Risk Retention Amendments of 1986 to reflect the probable intent of Congress.
The purpose of the Risk Retention and Purchasing Group Handbook (Handbook) is to explore in some detail the provisions and requirements of the Liability Risk Retention Act of 1986 15 U.S.C. §3901 et seq. (LRRA) (Appendix A) and the NAIC Model Risk Retention Act (Model
LIABILITY RISK RETENTION ACT OF 1986. [As Amended Through P.L. 99–563, Enacted October 27, 1986]
5 Φεβ 2019 · The 1986 Federal Liability Risk Retention Act requires that members of both risk retention groups (RRGs) and risk purchasing groups (RPGs) be homogeneous, which means they must be engaged in similar business activities that expose them to similar liabilities or risks.
24 Ιουν 2011 · Risk retention groups (RRGs) and risk purchasing groups (RPGs) are alternative insurance entities authorized by Congress to expand insurance supply through a simplification of insurance regulation. The McCarran-Ferguson Act of 1945 generally leaves the regulation and taxation of the business of insurance to the individual states.
