Ponce de Leon
LTC Risk Retention Group
500 Northridge Road, Suite 330
ATLANTA, GA 30350
(678) 781-2400
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Control Your Destiny...
Risk Retention Groups (RRGs) provide general and professional liability insurance to long-term care facilities throughout the United States. RRGs are companies whose stockholders are owners of Skilled Nursing and Assisted Living facilities. They are authorized under the Risk Retention Act of 1986 that allows RRGs licensed in a single state to operate in other states without additional licensing.

 

  • In todays litigious environment, long-term care facility operators require the protection of General and Professional Liability insurance
  • Some major, traditional insurers have withdrawn from this business while others have restricted availability through pricing volatility and onerous terms/conditions
  • Markets available today on favorable terms may change for the worse tomorrow
  • The answer for owners is to take control of their own destiny by capitalizing a Risk Retention Group to assure them of a stable market and provide the opportunity to share in the profits of the company

 

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Insurance Journal interviews Sandy Elsass, President of
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Regardless of the severity of a general economic downturn or deterioration in the insurance cycle, insurers earning a Financial Stability RatingĀ® of A possess Exceptional financial stability related to maintaining positive surplus as regards policyholders.
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