Doctors & Surgeons National RRG Placed In Rehabilitation By State of Vermont
October 20th, 2016 | 1 min. read
By David Huss
A statement was issued on October 14, 2016 by the state of Vermont noting: “…by order of the Washington County Superior Court dated October 7, 2016 (“Rehabilitation Order”), Doctors and Surgeons National Risk Retention Group IC, Inc….has been placed in rehabilitation…”. It further states that Vermont’s Commissioner of the Department of Financial Regulation is appointed as the “Rehabilitator”. Also, “the Rehabilitator…will be paying policyholder-level claims at a 50% rate (and deferring payment of the remainder), and has cancelled all in-force policies effective November 12,2016.”
As the Co-Founder and Chief Production Officer of Ethos Insurance Partners, David, with decades of experience in the insurance industry, has a rich background starting in reinsurance brokerage and later specializing in healthcare professional liability placements. Co-founding Ethos Insurance Partners in 2004, David possesses a comprehensive understanding of professional liability exposure in the healthcare industry and is well-versed in the products and capabilities of carrier partners. His role at Ethos involves assisting production support staff efficiently solving healthcare professional liability-related problems for retail customers. Personally, David finds joy in building, from home projects to business ventures, and enjoys sharing good meals and wines with friends and family. He looks forward to continuing to build Ethos through collaboration and serving retail customers.