The failure rate of RRGs has been the same as for other insurance companies. It may be convenient for some to ignore that information and conclude that the new RRGs will perform differently than their peers have performed in the past.

Risk Retention Groups are licensed insurance companies. They are licensed and regulated by one state rather than being licensed and regulated by each state in which they do business. RRGs are required to register with all states in which they do business. I find it baffling that "real" ins...

As the CEO of an A- AM Best rated Risk Retention Group and an A rated risk pool, I have to say that I don't share the assessment of bias exhibited by AM Best. Our experience with them has been quite reasonable.

Correction to someone's reply yesterday. RRGs can be, and are, rated by AM Best. Quite a few hold A or A- ratings.