DOMESTIC INSURER: Risk Retention Group
In Arizona, domestic risk retention groups are, by law, captive insurers.
Captive insurers do not pay an insurance premium tax in Arizona. A domestic risk retention group must, however, complete the Survey of Arizona Domestic Insurers (Form E-LRTF), and has annual filing requirements.
We are aware of a phishing scam targeting insurance professionals claiming that the National Association of Insurance Commissioners received a complaint that the professional submitted a falsified claim. This fraudulent email displays the NAIC and CIPR logos, can originate from what appears to be an naic.org or gmail.com email account, and instructs the recipient to click on a link to download the complaint notification.
Certain antivirus products will detect this as a malicious email. If you receive a similar email and have any concerns, contact the NAIC Service Desk at (816) 783-8500 or [email protected].