Nursing Home RRGs Form For First Time Since LRRA Passage
For the first time since passage of the Liability Risk Retention Act 17 years ago, risk retention groups providing liability coverages to owners or operators of long-term care facilities, including nursing homes, assisted living facilities and similar eldercare arrangements, have begun to form.
Prior to 2003, no RRGs insuring liability exposures for these types of facilities were established.
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