855-835-2160 [email protected]

Avoiding Malpractice Tips

Social Services Agencies – Specialty Lines Insurance Markets

Social Services Agencies – Specialty Lines Insurance Markets

In this article, let us consider your profession and the risks through the eyes of an insurance carrier. The carriers focus on four major lines of insurance: Property, Casualty, Life, and Health & Disability. Each has actuarial statistical models and decades of detailed loss experience data that predict and support the expected claims losses, benefits, and premiums.

read more
What Did I Do Wrong?

What Did I Do Wrong?

Did you ever see those special occasion cards from lawyers that say, “Congratulations or Happy (you fill in the occasion), but we make no representations, guarantees, or warranties!” Their wish list for their lawsuit cases includes sympathetic judges, irrefutable evidence, no hostile witnesses, and friendly juries.

read more
Value is a Function of (Price + Satisfaction Benefits)

Value is a Function of (Price + Satisfaction Benefits)

Let’s discuss the value of packaging yourself while partnering with your insurance carrier. The classic marketing definition of value is based on the price paid for the good or service and the satisfaction derived from the benefits. Leading marketers, including insurance companies, sell their products and services as “benefits packets” or bundles of benefits. As crucial as selling “purchase value,” they sell “usage value.”

read more
Banged, Beat Up, and Bruised

Banged, Beat Up, and Bruised

Did you know that the U.S. Department of Labor, Bureau of Labor Statistics states that social workers working in healthcare and social services settings lead the nation in significant injuries due to an assault at work? This occupation accounts for 70% of assault injuries in all professions. Social workers are four times more likely to be injured from an assault than the average private sector worker.

read more
BRAVO! BRAVO! BRAVO!

BRAVO! BRAVO! BRAVO!

“NASW Assurance Services: Best Affordable Rates”; (Source: BravoPolicy.com) BravoPolicy was referring to the Preferra Insurance Company RRG, formerly NASW Risk Retention Group as rated in the #1 position nationally in this affordable rate category which provides Professional Liability, General Liability, and Cyber Liability policies in all 50 states.

read more
Claims Adjudication…Is Your Carrier E-Cubed?

Claims Adjudication…Is Your Carrier E-Cubed?

What is “E-Cubed?” The Preferra Insurance Company RRG, formerly NASW Risk Retention Group’s practice of EXCELLENT claims customer service, with insurance coverage delivered ETHICAL and EQUITABLE. The power of these three critical elements has proven to protect RRG policyholders while maintaining the lowest premiums in the industry, the most comprehensive liability insurance policies available, and the lowest claims loss history for a fiscally healthy RRG with the “Excellent” A.M. Best rating. We will discuss these three critical elements.

read more

COVID-19 Notice

Preferra Insurance Company RRG, formerly NASW Risk Retention Group (NASW RRG) shares information based on our helpline inquiries, corresponding claims history, and an understanding of a varying nationwide professional state regulatory environment.

Due to COVID-19, many states have implemented or waived specific regulations; it is the individual professional's responsibility to research, implement, and monitor those regulations; and apply our risk management content as a consideration in your practice environment. Do not interpret this risk management material as any means to alter professional training, standards, nor any ethics information provided by your professional association.

Please understand, the NASW RRG makes no representations or warranties other than those stated to our current policyholders in the insurance policy contract. Please contact us if you have further questions.