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Generic business image for news article Image: National Risk Retention Association

19 May 2026
US
Reporter Elliot Hayes

NRRA marks 40 years of Liability Risk Retention Act with Chicago conference

The National Risk Retention Association (NRRA) holds its 12th annual national conference in Chicago from 5 to 7 October 2026, marking the 40th anniversary of the Liability Risk Retention Act. The three-day event brings together Risk Retention Group (RRG) members, regulators and service providers from more than 30 US states, with NRRA expecting more than 150 industry attendees. The conference is programmed exclusively for the RRG industry, with the agenda spanning networking, community and collaboration, and education and advocacy. Sessions cover legal and regulatory developments affecting RRGs, including National Association of Insurance Commissioners (NAIC) updates, regulator panels and legislative sessions. Roundtable discussions on industry-specific trends and challenges form part of the programme. NRRA describes the event as its most significant gathering in a generation, given the 40-year milestone. The event takes place at the Sofitel Chicago Magnificent Mile. The Liability Risk Retention Act was enacted in 1986, establishing the federal framework under which RRGs operate in the United States. The Act allows groups of businesses to collectively self-insure liability risks under a single state regulator, with the ability to operate across state lines.

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