The Liability Risk Retention Act (LRRA), passed in 1986, authorized the formation Risk Purchasing Groups and Risk Retention Groups as a means to help businesses control the run-away cost of liability insurance. A Risk Retention Group (RRG) is a liability insurance company that is owned by its members. They are domiciled in a US state and can write business all over the country. Like a traditional insurance company they take risk. A Risk Purchasing Group (RPG) is comprised of homogenous insureds who band together to purchase their coverages from an insurance company at a discount. An RPG does not take risk. Cedar Consulting LLC can provide the following services for RRG/RPG programs: Help associations to educate members on the potential of a RRG/RPG program Create business plan and facilitate the actuary studies required Financial modeling State filings Facilitate ongoing management

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18860 Geauga Lake Road
Chagrin Falls, Ohio 44023

Phone: (440) 264-9992
Fax: (440) 264-9993
E-mail: information@cedarconsulting.net