Difference between revisions of "The Hanover Insurance Group"

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In the United States, probably the most prevalent form of self-insurance is governmental danger administration pools. They are self-funded cooperatives, operating as carriers of coverage for almost all of governmental entities right now, similar to county governments, municipalities, aia.community and college districts. Rather than these entities independently self-insure and danger bankruptcy from a big judgment or catastrophic loss, such governmental entities form a threat pool. Such swimming pools start their operations by capitalization through member deposits or bond issuance. Coverage is offered by the pool to its members, much like protection provided by insurance companies.
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