D
dadrummer
Guest
What is the name of your state? MS.
I am in the middle of med-mal suits, 2 DR's and 2 hospitals and recently received a notice that Reciprocal of America, an insurance carrier for hospitals, Doctors, and Attorneys,which is based out of South Carolina has been placed in receivership. From what I understand this means ROA is no longer capable of handling its own business thus the State of South Carolina has stepped in, in an attempt to salvage the company.
Apparently one, or possibly all, of the entity's I have filed suit against was insured through ROA. But, there was no information enclosed in the notice about what Dr. (s) or hospital(s) may be involved.
I also understand if an insurance company that is licensed in your state becomes insolvent the state has a guaranty program which would come in to play to protect the consumer.
I wasn't sure what site to post this on so hopefully someone familiar with Reciprocal of America or state guaranty programs could shed some light on this.
I am in the middle of med-mal suits, 2 DR's and 2 hospitals and recently received a notice that Reciprocal of America, an insurance carrier for hospitals, Doctors, and Attorneys,which is based out of South Carolina has been placed in receivership. From what I understand this means ROA is no longer capable of handling its own business thus the State of South Carolina has stepped in, in an attempt to salvage the company.
Apparently one, or possibly all, of the entity's I have filed suit against was insured through ROA. But, there was no information enclosed in the notice about what Dr. (s) or hospital(s) may be involved.
I also understand if an insurance company that is licensed in your state becomes insolvent the state has a guaranty program which would come in to play to protect the consumer.
I wasn't sure what site to post this on so hopefully someone familiar with Reciprocal of America or state guaranty programs could shed some light on this.