Sanford Elsass, a builder and manager of risk retention groups, was re-elected chairman of the National Risk Retention Association (NRRA) for a second one-year term at the association's 25th anniversary conference.
"NRRA enters the next twenty-five years stronger than ever with professional staff and volunteer leaders ready to defend the industry against efforts to restrict the legal operation of risk retention groups by a number of states. The association has won landmark decisions in the federal courts, but efforts to encroach on the authority of risk retention groups continue," Elsass told the Conference.
"More than ever, we need to help NRRA build an industry coalition that will convince congress to create an enforcement mechanism in the liability risk retention act to resolve disputes without costly, lengthy litigation," he added.
NRRA is the voice of the risk retention and purchasing group sectors of the insurance industry with more than 250 risk retention groups and 850 purchasing groups.
