The United States Government Accountability Office (GAO) recently released its highly anticipated report on its assessment of how successful the risk retention group industry has been in achieving its principal goals of making commercial liability insurance available and affordable. Specifically, the report examines the impact risk retention groups have had on availability and affordability of commercial liability insurance, and regulatory and governance issues. We feel that the report is fair and balanced. HAI Group supports good and uniform regulation and strong corporate governance. The complete text of the GAO report titled “Risk Retention Groups – Common Regulatory Standards and Greater Member Protections Are Needed” is available by clicking here. For a quick reading of the report see pages 5-8 (Results in Brief) and pages 68-79 (Recommendations for Executive Action).