New York Healthcare Insurance Company, Inc., A Risk Retention Group is a
stock insurance company owned by its members who consist of long-term
care facilities.
State of Domicile: DC
Operating States: NY, CT, NJ
Lines of Coverage: Medical Professional Liability (MPL), General Liability (GL)
Limits:
> MPL up to $1,000,000 / $3,000,000;
> GL $1,000,000 / $2,000,000
Rating: A (Excellent)
Reinsurance AM Best Rating: Lloyds and London Reinsurers “A”
Underwriting Guidelines: Long Term Care Facilities
Capital Contribution Amount: 50% of 1st year fully mature claims made premium
