October 1, 2024 by matray

AM Best has affirmed The Doctors Company's financial strength rating (FSR) of A (Excellent) and its long-term issuer credit rating (ICR) of "a+". The outlook of these ratings is stable. The FSR of A (Excellent) and the long-term ICR of "a+" (Excellent) have been affirmed for the following: The Doctors… Continue reading...

October 1, 2024 by matray

LAMMICO announced a new strategic partnership with the Mississippi Hospital Association (MHA) as its endorsed medical professional liability carrier. The MHA is the statewide agency for healthcare representation and service to all hospitals and healthcare networks, as well as the patients and communities they serve. MHA is comprised of more… Continue reading...

September 26, 2024 by matray

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Medical Professional Mutual Insurance Co. and its rating unit members, collectively known as Coverys Companies. (See below for a detailed… Continue reading...

September 12, 2024 by matray

EmPRO Insurance Co. was recently recognized by Top Workplaces USA, an employer recognition program. EmPRO was honored as a Top Workplace on Long Island and received national recognition as a leading insurance company in the ‘Financial Services’ category as a Top Workplace earlier this year. This marks EmPRO’s debut on… Continue reading...

September 10, 2024 by matray

Below are some headlines and article synopses from the September 2024 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. Michigan Wrongful Death Act Precludes Recovery of Future Earnings The Michigan Supreme Court determined last month that families are not eligible to sue for… Continue reading...

September 9, 2024 by matray

Coverys announced today the appointment of Nico Santini, CFA, to be the organization’s first chief investment officer (CIO). Santini will report to president and chief executive Joseph G. Murphy. With more than 20 years of investment experience, the company reports that Santini will play a pivotal role in setting and… Continue reading...

August 29, 2024 by matray

LAMMICO was recently named the No. 2 "Top Workplace" for 2024 by The Times-Picayune and The New Orleans Advocate. The medical liability insurer also received special awards for "Communication" and being named a "Top Workplace" for 10 consecutive years, while earning the No. 1 spot in 2021 and 2023. The "Top Workplace"… Continue reading...

August 28, 2024 by matray

MagMutual Insurance Co. named Tanner Colegrove, MD, its new chief medical officer. A board-certified OB/Gyn, Colegrove received her medical degree from the University of Iowa and completed her residency at University of Arizona College of Medicine. She has 18 years of  experience as an OB/Gyn and was most recently the… Continue reading...

August 15, 2024 by matray

AM Best has upgraded the Long-Term Issuer Credit Rating to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Medical Mutual Insurance Co. of Maine (MMIC). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MMIC’s balance sheet strength, which AM… Continue reading...

August 13, 2024 by matray

ProAssurance recently received a provisional accreditation from the Accreditation Council for Continuing Medical Education (ACCME). ProAssurance achieved this accreditation by using current educational activities that demonstrate compliance in the areas reviewed by the ACCME. Risk Management will revise available programs and publications carrying continuing medical education (CME) credits to reflect… Continue reading...