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Do RRGs have to file for an NAIC Company Code?

April 26, 2017code COMPANY file naic rrg

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Do RRGs have to file for an NAIC Company Code?

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Yes. Risk Retention Groups must request and receive a Company Code from the NAIC. You can find the request form at naic.org. A certified copy of your license is required which we can issue as requested. Risk Retention Groups must also file annual and quarterly statements with the NAIC and are subject to accreditation standards. RRG’s must also file quarterly statements with the states they are registered and also with the domiciliary state.