Bill would allow risk retention groups to offer property insurance

03/7/2008 | PropertyCasualty360

Rep. Dennis Moore, D-Kan., will introduce legislation to allow risk retention groups to offer property coverage. "I believe the time is now, before we experience another hard market for commercial property insurance, to expand the Liability Risk Retention Act to include property coverage," Moore said. He also said the bill would improve corporate governance of risk retention organizations.

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