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Revised: July 2003CONTRACTUALRISK TRANSFER MANUAL Housing Authorities Risk Retention Pool 2500 Main Street, Suite 120, Vancouver, Washington 98660 Telephone: (360) 6943500 FAX: (360) 6943600 www.harrp.com
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Housing authorities risk retention refers to the practice of housing authorities retaining a certain level of risk instead of transferring it to an insurance company.
Housing authorities are required to file for risk retention.
Housing authorities can fill out risk retention forms by providing detailed information about their risk management practices and financial standing.
The purpose of housing authorities risk retention is to ensure that housing authorities have adequate resources to cover potential losses.
Housing authorities must report information such as their risk management policies, current insurance coverage, and financial reserves.
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