WASHINGTON, DC--(Marketwire - October 7, 2010) - Brian Braley, Vice President-Legislative Affairs of the Housing Authority Risk Retention Group (HARRG), was elected Chairman of the National Risk Retention Association (NRRA) at its annual conference here. Braley succeeds Kim Wynkoop, legal counsel, Ophthalmic Mutual Insurance Company Risk Retention Group. Sanford "Sandy" Elsass, President/CEO Uni-Ter Underwriting Management Corporation, was elected Vice Chairman.
Risk Retention Groups are authorized by the Liability Risk Retention Act of 1986 to write liability insurance nationally when licensed in a single state. They have grown into a major sector of the insurance industry with 251 companies that write $2.5 billion premium.
NRRA is the voice of the Risk Retention and Purchasing Group sectors of the insurance industry. It was formed in 1987 and is the only trade association dedicated to the successful development, education, and promotion of alternatives to traditional insurance in the United States. NRRA promotes Risk Retention and Purchasing Groups as practical, economical, efficient and financially sound options for distributing the liability risks of insured members.
Contact Information:
For more information, contact
Mechlin Moore
NRRA Communications Director
239-777-1595