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Insurance: Activity Under the Product Liability Risk Retention Act of 1981

HRD-86-120BR Published: Jul 22, 1986. Publicly Released: Jul 22, 1986.
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Highlights

In response to a congressional request, GAO provided information on the extent to which risk retention and purchasing groups have formed under the authority of the Product Liability Risk Retention Act of 1981, specifically: (1) the number of firms with collective self-insurance under the act; (2) the types of firms most frequently organized under the act's provisions; (3) obstacles faced by groups formed under the act's provisions; and (4) changes in state insurance laws relating to the act.

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