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In 2016 Minnesota Lawyers Mutual Insurance Company formed a risk retention group to create specialty liability insurance programs for classes of business that are not well served by the current lawyers' professional liability insurance marketplace. MLM Risk Retention Group, Inc. is a mutual insurance company owned by its policyholders, and managed and administered by Minnesota Lawyers Mutual. Backed by Minnesota Lawyers Mutual's longstanding financial strength and stability, MLM Risk Retention Group, Inc., provides legal professionals with an alternative way to insure themselves for professional liability exposures. MLM Risk Retention Group, Inc. is domiciled in the District of Columbia.

What is a Risk Retention Group?

A Risk Retention Group is a member-owned insurance company designed to provide its policyholders with a continuing, reliable, stable source of liability insurance. Risk Retention Groups must be licensed and capitalized, and similar to surplus lines carriers, Risk Retention Groups are prohibited from participating in the state guarantee funds.

How are Risk Retention Groups regulated?

Risk Retention Groups are authorized by federal law. The RRG must be domiciled in a state or US territory. The RRG is subject to the insurance rules and regulations of its state of domicile. Additionally, RRGs must register with the states and territories where it writes insurance business. RRGs have been in place for over 25 years and were authorized by an act of Congress. In fact, there are hundreds of RRGs providing liability coverage to doctors, lawyers, educators, and other professionals.

What business is currently being underwritten through MLM Risk Retention Group, Inc.?

Currently lawyers' professional liability insurance policies issued in the District of Columbia are underwritten through MLM Risk Retention Group, Inc. Click here to apply for coverage in the District of Columbia.

100% Alternative Dispute Resolution (ADR) policies are written in several states through MLM Risk Retention Group, Inc. as well. Click here for more information on the ADR program.