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Risk Retention Act (RRA) of 1986

The Risk Retention Act (RRA) of 1986 is federal legislation passed in 1986 that authorized the formation of purchasing groups and group self-insurance programs for certain types of liability exposures.

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Risk Retention Act (RRA) of 1986

The Risk Retention Act (RRA) of 1986 is federal legislation passed in 1986 that authorized the formation of purchasing groups and group self-insurance programs for certain types of liability exposures.

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According to the Act, members of risk purchasing groups and risk retention groups must be engaged in similar or related businesses or activities.