RPS Signature Programs, a Risk Placement Services Inc. unit, said Wednesday it is introducing a social services insurance program through a partnership with Old Republic International Corp. unit Old Republic Special Insurance Underwriters.
RPS, which is a unit of Arthur J. Gallagher & Co. Inc., said the coverage is for classes of businesses, including adoption and foster placement agencies, substance abuse programs, mental health counseling centers, residential care, home health care, outpatient care in hospitals, adult respite care and foundations.
The program includes automatic liability, $1 million limit, physical damage. crime, $1 million limit; general liability, limit of $1
million/$3 million per occurrence; professional liability, limit of $1 million per occurrence; umbrella/surplus, up to a limit of $5 million; management liability, $1 million per event; fiduciary liability, $1 million per occurrence; and abusive conduct, $1 million per occurrence.Source link
