|By Marketwired .||
|August 8, 2013 11:24 AM EDT||
WASHINGTON, DC -- (Marketwired) -- 08/08/13 -- The National Risk Retention Association's annual conference in Washington, October 1-3 at the Ritz Carlton-Pentagon City, will focus on what Risk Retention Groups must do to prepare for full implementation of the Affordable Care Act in 2014 and how to deal with the growing threat of cyber attacks.
"More than half the 250 risk retention groups operating today are in healthcare, so we'll devote major attention at the conference to the Affordable Care Act and its challenges to our industry," said Sanford Elsass, NRRA Chairman. "With cyber security looming as an issue for companies of all sizes, the conference program will include a major session on how to guard against cyber attacks and what to do in case of a breach," he added.
The conference also will feature NRRA's Amicus program to defend RRGs in the courts when challenged by states that restrict RRG operations in violation of the federal Liability Risk Retention Act that preempts most regulation of RRGs by states other than the state in which the RRG is licensed. "The Amicus Brief is an important tool in our arsenal. NRRA will provide the Association's legal experience and expertise in using this tool to support companies under attack," said Joseph Deems, NRRA Executive Director.
A host of other topics critical to RRG operations are on the program including contractual liability/stop loss; how to address rising premiums for Directors & Officers and Errors & Omissions insurance; regulatory developments; outlook for industry growth; reinsurance planning; Medicare/Medicaid RAC audits; and risk management versus the trial bar. The conference will conclude with a Town Hall meeting with insurance regulators.
The National Risk Retention Association is the professional organization that speaks for Risk Retention and Risk Purchasing Groups in the regulatory, legal and legislative arenas. Over the past 26 years, NRRA has been instrumental in winning landmark cases that upheld the authority of RRGs to operate free of most state regulation under the preemption provisions of the federal Liability Risk Retention Act.
It's not too early to sign up for the conference. You can register online at the NRRA website: www.nrra-usa.org.
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