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A risk retention group (RRG) in business economics is an alternative risk transfer entity in the United States created under the federal Liability Risk Retention Act (LRRA). [ when? ] RRGs must form as liability insurance companies under the laws of at least one state—its charter state or domicile.
Alliance of Nonprofits for Insurance, Risk Retention Group (ANI): Provides liability insurance to nonprofits with operations outside of California. National Alliance of Nonprofits for Insurance (NANI): Provides property reinsurance. Alliance Member Services (AMS): Provides support to the other companies in the group and their partner programs.
Coverages included general liability (business insurance), auto insurance, trailer spotting coverage, directors and officers liability insurance and garage liability. Evergreen was formed under the Federal Liability Risk Retention Act of 1986 [1] and is a Risk Retention Group.
Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.
Risk retention involves accepting the loss, or benefit of gain, from a risk when the incident occurs. True self-insurance falls in this category. Risk retention is a viable strategy for small risks where the cost of insuring against the risk would be greater over time than the total losses sustained.
California Affiliated Risk Management Authority; California Department of Insurance; California Insurance Commissioner; California State Disability Insurance; Case management (US healthcare system) Climate change and insurance in the United States; Colorado Division of Insurance; Comprehensive Capital Analysis and Review
The company’s calendar year 2025 price-to-sales (P/S) multiple stands at 19.7x, compared to the peer average of 10.5x. ... Gross retention, which declined less than 0.5% quarter-over-quarter ...
A reciprocal inter-insurance exchange or simply a reciprocal in the United States is an unincorporated association in which subscribers exchange insurance policies to pool and spread risk. For consumers, reciprocal exchanges often offer similar policies to those offered by a stock company or a mutual insurance company.