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 Hagan Benefits, Inc. / Governmental Pools  Risk retention groups are an effective way for local municipalities and other governmental entities to keep costs of insurance down while helping with the budget process. The buying power of members pooling their resources enables underwriters to keep rates fairly stable. This also assists members in budgeting, as they know that rates historically have not had significant, if any, increases. In the 1980s, Hagan Benefits was instrumental in helping the State of South Dakota form these self-funded risk retention groups. These pools provide Liability, Automobile Liability and Physical Damage, Public Officials Liability, Law Enforcement Liability, Property and Boiler and Machinery Coverages; Workers' Compensation and Health coverage to public entities for the State of South Dakota. |
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Hagan Benefits, Inc. 1741 S. Cleveland Ave, Suite 200 P.O. Box 5090 Sioux Falls, SD 57117-5090 Email: info@hagangroup.com | Home | Company | Services | FAQs | Resources | Contact |