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In the mid-1980s, the public housing community faced a crisis.
Insurance companies did not want to provide coverage. They
considered public housing authorities a bad risk and raised premiums
to unaffordable levels. In 1985, the Council of Large Public
Housing Authorities held a meeting in Chicago to find a solution.
After two years of studies, surveys and meetings, that solution
emerged -- the Housing Authority Risk Retention Group (HARRG).
HARRG is a member organization owned by the housing authorities it
insures. Over time, the company evolved from a single risk retention
group into a group of companies that provide a full line of coverage and
related services under the umbrella company, Housing Authority Insurance
Group.
HAI Group is made up of eight different companies including HARRG, which
provides liability coverage, Housing Authority Property Insurance, A
Mutual Company (HAPI), which provides property insurance, and Housing
Telecommunications Inc. (HTI), which provides distance learning through
Internet technology.
To find out more about the history of HAI Group, visit our Annual
Report archive by clicking here.
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