Concept information
Terme préférentiel
Risk Retention Act of 1981
Définition(s)
- The Product Liability Risk Retention Act of 1981 sought to improve the availability and cost of product liability insurance to businessmen and municipalities across the United States by allowing similar businesses to form risk retention groups (RRGs) who could self-insure to cover product liability exposures. The Risk Retention Act reflects social organization and a decision that continues to evolve as to who bears the risks in society. [Source: Encyclopedia of Business Ethics and Society; Risk Retention Act of 1981]
Concept(s) générique(s)
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-NKNXPK0G-5
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