One point of interest for RRGs, as covered in our 10 Reasons to Reconsider RRGs blog, are the hidden fees. This time, not so much talking about membership fees associated with RRG and mutual trusts. Now we’re focusing on the costs associated with risk pooling. When considering insurance companies, let’s distinguish the difference in …
We’ve touched on what to do when your RRG faces liquidation, but it seems this subject matter is still trending, because another Risk Retention Group (RRG) has just announced that they’re facing liquidation. As of 8/31/17 Fairway Physicians Insurance doesn’t have any active policyholders. The Fairway Board of Directors released a statement announcing they have been working with …
As we’ve previously discussed, there is a very real distinction between Risk Retention Groups (RRG) vs. Traditional Insurance Companies. When considering coverage anywhere, it is emphatic that you consider more than just the cost of premium. Surely the immediate costs are important but there are other things like coverage considerations (more on coverage differences on …
