Midwest Insurance Group, Inc. provides insurance through a Risk Retention Group owned by its member companies. It was formed utilizing the laws from the Federal Risk Retention Act as an alternative to spiraling liability costs in the healthcare industry.

Risk Retention Groups (RRG's) are groups of policy holders with similar risk traits who may group together to start their own insurance company under the Federal Liability Risk Retention Act of 1986. Authorization under the federal statute allows a group to be incorporated in one state, but authorized to do business in all states (subject to registration).

Indiana healthcare facilities are suffering the consequences of insurance company losses nationwide. As litigation and claim settlements escalate in troubled states, these insurance companies are forced to raise prices in all states. In contrast, members of Midwest Insurance Group gain the benefits of stable pricing due to Indiana’s favorable legal and regulatory environment.
Our approach is simple:

• We have created a program for Indiana Healthcare Facilities to isolate Indiana Healthcare Facilities from the liability crisis plaguing other states, which do not have favorable legal and regulatory environments;
• All members participate in the Indiana Patients Compensation Fund, established through Indiana law, to cap professional liability exposure;
• We hold a heavy risk management emphasis and philosophy;
• Our manuscript policy form provides defense costs outside limits;
• We are reinsured by Lloyds of London; and
• Limits are provided per location.

Midwest Insurance Group, Inc. A risk retention group
is managed by Caitlin-Morgan Insurance Services