What is a Hammer Clause?

Do you have the final say whether or not your insurance company can decide to settle a claim? This provision, otherwise known as consent to settle is found in your medical malpractice insurance policy that requires an insurer to seek an insured's approval prior to settling a claim for a specific … [Read more...]

10 Reasons to Reconsider RRGs

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 … [Read more...]

What to do if your RRG Faces Liquidation!

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 … [Read more...]