In response to continued difficulties in the medical malpractice market, 2008 began the year with a surge of new risk retention groups formed to provide medical malpractice for physicians.
In fact, not since the height of the hard market in 2003 has the Risk Retention Reporter added so many new RRGs to its listings in any one month.
In January, of the seven new RRGs added to RRR listings, six were organized to insure doctors. Four states were selected as domiciles: Arizona (two), Montana (two), South Carolina (two) and Vermont (one).
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