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Posted April 04. 2013 1:21PM

$5.1M award from lawsuit helps boost LRGHealthcare into the black

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The positive results reflect the impact of the settlement of litigation arising from the effort of the state to transfer the $110 million surplus of the New Hampshire Medical Malpractice Joint Underwriting Association (JUA) to the general fund. LRGHealthcare played a major role in challenging the ploy and was awarded $5.1 million when the policyholders' claim to the surplus was upheld by the New Hampshire Supreme Court.