Great American Insurance Group Introduces Professional Liability Coverage for Administration of Naloxone - Insurance News | InsuranceNewsNet

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August 18, 2016 Newswires
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Great American Insurance Group Introduces Professional Liability Coverage for Administration of Naloxone

Drug Week

By a News Reporter-Staff News Editor at Drug Week -- Great American Insurance Group is pleased to announce that it is one of the first carriers to offer a Professional Liability endorsement to cover the administration of Naloxone, a drug that counteracts opiates. The endorsement, offered through its Specialty Human Services Division, is designed to protect human and social service organizations that may incidentally encounter a heroin or other opioid overdose situation (see also Property and Casualty Insurance Companies).

In July 2015, the Centers for Disease Control reported that the number of heroin overdose deaths quadrupled between 2002 and 2013. In that same month, states began to enact emergency legislation measures to address the devastation of opioid overdoses. Some states allowed Naloxone to be administered without prescription.

According to Mike Liguzinski, Divisional President, "In many states, human and social service organizations can now obtain Naloxone without a physician's order. Our new endorsement covers employees and volunteers that work in social service, human service, religious, educational and cultural organizations. These people are often on the front lines of preventing deaths from opioid overdoses."

Organizations that may benefit from this coverage include homeless shelters, recovery centers, rescue missions, nonprofit detoxification facilities, emergency housing programs, community outreach organizations, private and charter schools and churches.

To learn more about Great American's solutions for human and social service organizations, please visit SpecialtyHumanServices.com. About Great American Insurance Group Great American Insurance Group's roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Company has received an "A" (Excellent) or higher rating from the A.M. Best Company for more than 100 years (most recent rating evaluation of "A+" (Superior) affirmed May 12, 2016). The members of the Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG's common stock is listed and traded on the New York Stock Exchange under the symbol AFG.

Policies are underwritten by Great American Insurance Company, Great American Assurance Company, Great American Alliance Insurance Company, Great American Insurance Company of New York and Great American Spirit Insurance Company, authorized insurers in all 50 states and DC. Coverage is summarized. Refer to the actual policy for a full description of applicable terms, conditions, limits and exclusions. Great American Insurance Group, 301 E. Fourth St., Cincinnati, OH 45202. View source version on businesswire.com: http://www.businesswire.com/news/home/20160809005852/en/

Keywords for this news article include: Antidotes, Pharmaceuticals, Drugs and Therapies, Financial Companies, Risk and Prevention, Investment and Finance, Naloxone Hydrochloride, Great American Insurance Group, Great American Insurance Company, Property and Casualty Insurance Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2016, NewsRx LLC

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