Risk Retention Groups Merge to Insure Long-Term Care Facilities and Nurses - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Mergers & Acquisitions
Newswires RSS Get our newsletter
Order Prints
January 12, 2010 Newswires
Share
Share
Post
Email

Risk Retention Groups Merge to Insure Long-Term Care Facilities and Nurses

Copyright:  unknown
Source:  Market Wire
Wordcount:  unknown

ATLANTA, GA -- (MARKET WIRE) -- 01/12/10 -- Lewis & Clark LTC RRG, Inc., the nationwide provider of liability insurance to long-term care facilities, has merged with Sophia Palmer Nurses RRG, Inc., Sanford Elsass, President of The Uni-Ter Group, administrator of both Risk Retention Groups (RRG), announced.

Sophia Palmer RRG was established in 2006 to provide nurses in Florida with professional liability coverage that was not available in the traditional insurance market. As a result of the merger, availability of coverage will be extended to nurses in 48 states served by Lewis & Clark.

"Sophia Palmer's successful experience in serving nurses, nurse practitioners, physicians' assistants, and allied healthcare professionals in Florida led us to extend coverage across the country through the merger with Lewis & Clark," Elsass said. "The Uni-Ter Companies will continue to underwrite, administer, risk manage, and handle Sophia Palmer claims, so rest assured you will still receive exceptional service and commitment," Elsass advised current policyholders.

The merger will permit nurses to keep their insurance when they move from state to state -- a major benefit not previously available. As an RRG, policyholders are shareholders. They own the company. Under the merger, nurses holding stock in Sophia Palmer will receive equivalent shares of Lewis & Clark.

Through the merger, coverage will be open to additional professional classes of allied healthcare providers and facilities. Existing policies will be converted to Lewis & Clark at renewal so medical practitioners covered by existing policies will not need to take any action.

The merger went into effect December 4, 2009 upon approval of both Boards of Directors.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:  Mechlin Moore MDM Communications Office: 845-920-7081 Cell: 239-777-1595 Email Contact  Underwriting Contacts: Dwain Chamberlain Vice President-Underwriting Office: 678-781-2415 Email Contact  Lynda Knowles Director of Underwriting-Allied Healthcare Lines Office: 678-781-2381 Email Contact  

Advisor News

  • Poor money habits are a dealbreaker in a new relationship
  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
  • Guide women along the walk through widowhood
More Advisor News

Annuity News

  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
More Annuity News

Health/Employee Benefits News

  • New Arizona law provides clarity regarding firefighters’ health insurance
  • Mid-year benefits review: What employers miss before renewal
  • Downstream effects of federal cuts seen in Kansas budget, access to healthcare, food assistance
  • REP. SUMMER LEE JOINS EDUCATION AND WORKFORCE DEMS IN INTRODUCING BILLS TO PROTECT AMERICANS FROM WRONGFUL HEALTH CLAIM DENIALS
  • ICYMI: HOSPITAL CLOSURES AND DATA CENTERS PUT ASSEMBLY DISTRICT 92 IN THE SPOTLIGHT
More Health/Employee Benefits News

Life Insurance News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
  • Trust, technology and the future of claims
  • New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
  • AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet