No, that's just the spec for the insulation. Doesn't make it "riser rated". All THHN insulation is flame retardant. What do you think would happen if you had a panel full of wire with flammable jackets?
Lastly, THHN is not supposed to be run by itself. It needs to be in a raceway, cable, etc. at least when it is a current carrying conductor. So the manufacturers have no reason to spec it for installation unprotected.
In those instances where you are running grounds unprotected, the proper way is to use bare. A sharp AHJ or fire marshal should notice when insulated cable is used.
-Hal