April 20, 2023
byCoverys recently announced the hiring of Cathy Donahue to be its chief operating officer. Reporting to Joseph Murphy, Coverys president and chief executive officer, she will oversee a wide range of functions and business units within Coverys, including claims, human resources, risk management and analytics, information technology, enterprise risk management,… Continue reading...
April 17, 2023
bySompo International, a provider of commercial and consumer property and casualty (re)insurance, promoted Margaret Hyland to president of North America Reinsurance. Hyland now reports to Christopher Donelan, chief executive officer, Global Reinsurance, Sompo International Holdings Ltd. “We are excited to see Maggie step into her new role given her wealth… Continue reading...
April 13, 2023
byMLMIC recently announced that its Preferred Savings Programs (PSPs) have saved New York physicians more than $16 million since 2020. MLMIC's PSPs, which offer significant savings to qualifying New York physicians, is part of the medical liability insurer's commitment to put the interests of policyholders first. The PSPs recognize the… Continue reading...
April 11, 2023
byThe COPIC Medical Foundation has awarded $511,121 in grants to four organizations focused on reducing fragmentation in the health care system. Congratulations to the following organizations: AIRnyc (New York). AIRnyc helps reduce fragmentation in prenatal and postpartum clinical and social care for high-risk black and latina pregnant persons. Metropolitan State… Continue reading...
April 11, 2023
byBelow are some headlines and article synopses from the April 2023 issue of Medical Liability Monitor. To read the articles in entirety, please subscribe today. New Mexico Avoids MedMal Insurance Crisis with Damage Cap Fix The New Mexico Legislature threaded the needle last month and passed a bipartisan update to… Continue reading...
April 4, 2023
byThe New York Regional Society of Plastic Surgeons (NYRSPS) has chosen The Doctors Company, part of TDC Group, as the exclusively endorsed medical malpractice insurer for its members. “We chose to endorse The Doctors Company because as an organization founded and led by physicians and owned by members, they share… Continue reading...
March 30, 2023
byAM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of the members of MedPro Group (MedPro) (headquartered in Fort Wayne, IN). These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN), its affiliates: Princeton Insurance Company (Princeton, NJ);… Continue reading...
March 29, 2023
byThe Doctors Company announced today that it has approved a 2023 premium dividend of approximately $8.5 million, bringing the total of declared dividends to date to more than $455 million. “We are proud to once again reward members with earned dividends. They are an important manifestation of both our mission… Continue reading...
March 21, 2023
byThe American Conference Institute announced that its 21st Annual Advanced Forum on Obstetric Malpractice Claims will happen June 27-28 at the Union League of Philadelphia. This year’s curated content will focus on evolving standards of care, emerging theories of liability and new defense strategies. Co-chairs for this year’s forum include… Continue reading...
March 10, 2023
byIt is with great sadness that MLMIC Insurance Co. reports the passing of its founder, friend and colleague, Donald J. Fager, Esq. (11/9/1930 - 3/6/2023). An attorney with 48 years of experience in the healthcare professional liability field, Mr. Fager was a noted authority on the subject. He was called… Continue reading...