Evergreen USA RRG, Inc., is a liability insurance company, that offered liability insurance to privately owned campgrounds, RV parks, resorts, and paddlesport operations throughout the United States.
Company type | Risk Retention Group |
---|---|
Industry | Campground, RV Park and Resort Insurance |
Founded | 1989 |
Headquarters | Burlington, Vermont, United States |
Products | Casualty Insurance |
Services |
|
Website | www.evergreenusarrg.com |
Privately owned campgrounds are often members of organizations such as ARVC (Association for RV Parks and Campgrounds), Kampgrounds of America, Yogi, Coast to Coast, etc.
Coverages included general liability (business insurance), auto insurance, trailer spotting coverage, directors and officers liability insurance and garage liability. Evergreen was formed under the Federal Liability Risk Retention Act of 1986 [1] and is a Risk Retention Group.
Currently Evergreen is in run-off and is no longer writing insurance policies and is only handling claims that have incurred on policies which it wrote.
History
editIn 1989 Evergreen was chartered in Arizona but in 1995 redomesticated to Vermont.[citation needed] Evergreen was started because it was nearly impossible for campgrounds, RV parks and resorts to find insurance in the mid to late 1980s because of the hard insurance market that companies were in as part of the insurance cycle.[citation needed] Richard Hartford began[when?] Evergreen USA to help the camping industry.
References
edit- ^ "Federal Liability Risk Retention Act of 1986". Retrieved 2009-06-29. [dead link]