NORCAL Mutual Begins Offering Medical Professional Liability Insurance Options to New Mexico Physicians

March 6, 2018 by matray

NORCAL Mutual Insurance Co. is now offering medical professional liability insurance coverage to the healthcare providers of New Mexico. This marks the 40th state in which NORCAL operates, including the District of Columbia.

“We are excited to extend our coverage to the medical community in New Mexico,” said Ron Rumin, NORCAL’s chief operating officer. “Our policy has been crafted to meet the needs of today’s ever-changing medical landscape, particularly as technology and data become a more integral part of the practice of medicine. NORCAL offers robust information and network security coverage included with each policy.” NORCAL also offers two policy type options in New Mexico — claims made and occurrence— to better serve the differing needs of each medical practice.

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KaMMCO Admitted to Connecticut Insurance Market

March 6, 2018 by matray

KaMMCO announced today that it has been admitted to sell medical professional liability insurance and cyber security insurance in the Connecticut. As a member-directed insurance and healthcare technology company, KaMMCO is rated “A-” (Excellent) by A.M. Best. “The KaMMCO underwriting discipline and financial strength, combined with our pledge to provide members with superior claims protection offers healthcare professionals a truly unique medical professional liability insurance option,” said Kurt Scott, president and chief executive officer of KaMMCO. KaMMCO is entering the Connecticut market with support from the Connecticut State Medical Society (CSMS). “We are proud to work with the Connecticut State Medical Society to grow our insurance business,” said Scott, “and we are honored they recognize us as their medical professional liability insurance Preferred Affinity Partner.” “We are excited to add KaMMCO as a proven insurance option for liability insurance and especially cyber security insurance for our members," said Matthew Katz, executive vice president and chief executive officer of CSMS. "KaMMCO is a partner we know we can count on.” Katz added that the cyber security insurance is extremely important to CSMS members following recent identity theft incidents. KaMMCO began the licensing process in early 2017, receiving notification from the Connecticut Insurance Department on February 23. “In working closely with the Connecticut State Medical Society on the development and launch of CTHealthLink, the physician-led health information exchange, it became clear that there was an opportunity to further serve the physicians and healthcare providers of Connecticut with valuable insurance products,” Scott added. KaMMCO will be working with the organization’s brokerage firm, CSMS Insurance Agency, and anticipates quoting coverage later this spring.

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