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- Provides help to our members in the control
and avoidance of injuries, the management of their risk and the settlement
of damages.
- Provides stability of price with reasonable
rates, offering secure protection over the long haul. The pool's pricing
is consistent and adequate to ensure member protection and the long-term
life of the Pool.
- Provides underwriting consistent with the goals
and objectives of the Pool. We know the risks and examine the experience
of each member in formulating our pricing.
- Provides outstanding claims administration
by a nationally recognized third party administrator.
- Provides litigation management consistent with
the needs of its members.
- Provides reinsurance for the Pool against most
of its losses; currently Lloyds of London and Lexington Insurance Company/AIG
provide reinsurance. This reduces the Pool's net financial exposure
for claims activities to levels considered appropriate regarding our
financial resources, thus, providing greater financial stability.
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