May 5, 2025
byEmPRO Insurance Co. today announced the opening of its Boston office, the company’s first in Massachusetts. The move marks a major milestone in EmPRO’s strategic expansion into the New England market, which the medical liability insurer says underscores its commitment to becoming a key medical malpractice insurance company throughout the… Continue reading...
April 30, 2025
byMagMutual Insurance Co. was recently recognized for its leadership in healthcare innovation at the Digital Healthcare Transformation (DHT) Summit, hosted by Kennesaw State University's (KSU) MS in Healthcare Management and Informatics (MSHMI) program. During the Summit, MagMutual received the Distinguished Leadership in Healthcare Management and Informatics Award for its impactful… Continue reading...
April 15, 2025
byAM Best will host an analytical briefing on the state of the U.S. medical professional liability (MPL) insurance sector on Tuesday, May 13, 2025, at 11 a.m. (EDT). The event will feature leading market executives and AM Best analysts examining recent and prospective financial results and underwriting and loss trends, as… Continue reading...
April 8, 2025
byBelow are some headlines and article synopses from the April 2025 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. JAMA Paper Examines Implications of American Law Institute’s MedMal Restatement In a landmark 2024 restatement that could alter the future of medical liability litigation,… Continue reading...
April 3, 2025
byMagMutual Insurance Co. announced a major upgrade to its digital resources for PolicyOwners and their insurance agents with a series of enhancements to its popular Learning Center. "The MagMutual Learning Center has rapidly gained widespread popularity among PolicyOwners as a valuable and proven tool for helping our healthcare providers and… Continue reading...
April 1, 2025
byLeavitt Select Insurance Services has announced the hiring of Stewart Pierce, a seasoned insurance professional with more than 35 years of experience in the medical professional liability (MPL) insurance segment. Pierce is joining forces with fellow MPL veterans Steve Hammond and Toni Van Ekelenburg, both of whom he previously worked… Continue reading...
April 1, 2025
byEmPRO Insurance Co. has reported for the year ended Dec. 31, 2024, admitted assets of $571.8 million — an increase of 17.3% — with liabilities of $466.4 million, reserves of $349.7 million and a surplus of $105.4 million. EmPRO grew net income to $18.3 million on gross written premium of… Continue reading...
March 31, 2025
byThe Doctors Company announced that it has approved a 2025 premium dividend of approximately $15.1 million, bringing the total of declared dividends to date to $485 million. “We are pleased to reward members once again with earned dividends,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors… Continue reading...
March 19, 2025
byThe Doctors Company and ProAssurance Corp. today announced that they have entered into a definitive agreement under which ProAssurance will be acquired by The Doctors Company. The combined company will have assets of approximately $12 billion. “We are excited to further our mission to advance, protect, and reward the practice of… Continue reading...
March 13, 2025
byThe Cooperative of American Physicians (CAP) is celebrating its 50th anniversary this year. Founded in 1975 by a group of nine California physicians, CAP was established to address the escalating costs of medical malpractice coverage through its Mutual Protection Trust (MPT), rated A+ (Superior) by AM Best for 18 consecutive… Continue reading...