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SWANCO INS. COMPANY-ARIZONA v. HAGER

No. 88-2113.

879 F.2d 353 (1989)

SWANCO INSURANCE COMPANY — ARIZONA, Appellant, v. William D. HAGER, Commissioner of Insurance of the State of Iowa, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided July 12, 1989.

Rehearing Denied August 23, 1989.

Attorney(s) appearing for the Case

John C. Schachterle, Des Moines, Iowa, for appellant.

Fred M. Haskins, Des Moines, Iowa, for appellee.

Before BOWMAN and MAGILL, Circuit Judge, and BATTEY, District Judge.

BOWMAN, Circuit Judge.

This appeal involves the Product Liability Risk Retention Act of 1981 as amended by the Liability Risk Retention Act of 1986, 15 U.S.C. §§ 3901-3906 (1982 & Supp. V 1987) (the Act), which authorizes persons and businesses with similar or related liability exposure to form "purchasing groups" for the purpose of purchasing liability insurance on a group basis and "risk retention groups" for the purpose of self insurance. 15...

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