
Risk Retention Groups (RRG) were created by the Federal Liability Risk Retention Act of 1981, amended in 1986, to help business and professional organizations obtain liability insurance that had become unavailable or unaffordable. The Act provided for creation of liability insurance companies owned by their members and known as Risk Retention Groups. An RRG domiciled in one state is allowed to operate in any other state without additional licensing.
J.M. Woodworth is licensed in Nevada and registered with the New York, New Jersey, Connecticut and Pennsylvania Insurance Departments. The Uni-Ter Group of Atlanta, GA, administrator of J. M. Woodworth RRG, Inc., provided the first new capacity for Medical Malpractice insurance to physicians/surgeons in NY State in 17 years and is a leader in the field.