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Lancet Indemnity RRG Moves Into Voluntary Runoff

June 18th, 2018 | 0 min. read

By David Huss

As a result of ongoing issues with the Nevada Department of Insurance, Lancet Indemnity, a physician-focused risk retention group, has advised they have moved into voluntary runoff.  Effective 6/1/18 Lancet stopped writing new business.  All existing business with effective dates prior to 8/1/18 will receive renewal terms.  All existing business with effective dates on or after 8/1/18 will be non-renewed.  Lancet will not be offering ERP/Tail terms on any policies effective on or after 6/1/18.

David Huss

As the Co-Founder and Chief Production Officer of Ethos Insurance Partners, David, with decades of experience in the insurance industry, has a rich background starting in reinsurance brokerage and later specializing in healthcare professional liability placements. Co-founding Ethos Insurance Partners in 2004, David possesses a comprehensive understanding of professional liability exposure in the healthcare industry and is well-versed in the products and capabilities of carrier partners. His role at Ethos involves assisting production support staff efficiently solving healthcare professional liability-related problems for retail customers. Personally, David finds joy in building, from home projects to business ventures, and enjoys sharing good meals and wines with friends and family. He looks forward to continuing to build Ethos through collaboration and serving retail customers.