Risk Retention Group (RRG)
Definition
Allows groups to organize and purchase insurance as a single entity. See Bulletin FS-4RR-## (i.e.: Bulletin FS-4RR-21 - issued 2021)
Applicable Statutes
C.G.S. §38a-251 – see Laws and Regulations
Fees
Annual License Fee: $375.00
Duration
One (1) year
How to Apply
Application to Register as a Risk Retention Group
How to Renew
Not applicable.
How to Amend Lines of Authority
Submit UCAA License Amendment Form.
How to Reinstate a License
Not applicable.
How to change License information (ie.: email and address)
Not applicable.
Print a copy of the license
Not applicable.
Initial Education Requirements
Risk Retention Groups and Accredited Reinsurers
Waivers due to Designations
None
Renewal Continuing Education (CE) Requirements
Not applicable.