December 3, 2024 by matray

AM Best affirmed BETA Healthcare Group’s financial strength rating of “A” (Excellent) with a stable outlook. BETA is a provider of hospital professional liability and the medical professional liability. Best noted several key aspects of BETA’s operations that contributed to its rating: • Strongest level of risk-adjusted capitalization as measured… Continue reading...

November 13, 2024 by matray

Admiral Insurance Group, a Berkley Company providing wholesale-dedicated excess and surplus (E&S) lines commercial insurance, announced the company will be adding virtual care to its primary and excess professional liability products. The rapidly evolving field of specialized technology services and products designed to assist healthcare providers has created a gap… Continue reading...

November 12, 2024 by matray

Preverity, a provider of risk management and patient safety solutions for the healthcare industry, announced today that its wholly owned subsidiary, Preverity PSO, has been listed as a Patient Safety Organization (PSO) by the Agency for Healthcare Research and Quality, effective September 6, 2024. PSOs, established by the Patient Safety and Quality… Continue reading...

November 12, 2024 by matray

PIB Group Ltd (‘PIB’ or ‘the Group’), a specialist insurance intermediary, has entered the French market with the strategic acquisition of a prominent French medical malpractice insurance business BEA Group and its subsidiaries. This investment marks a significant milestone in PIB Group’s ongoing European expansion and establishes a strong platform… Continue reading...

November 7, 2024 by matray

Below are some headlines and article synopses from the November 2024 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. Pennsylvania Lawmakers Respond to Medical Liability Crisis Medical liability tort reform advocates applauded Pennsylvania lawmakers last month when they introduced a package of tort… Continue reading...

November 7, 2024 by matray

Positive Physicians Insurance Co. promoted Cobie Buchman to the senior vice president and chief claims officer. This promotion reflects Buchman’s significant contributions to the company and his commitment to enhancing Positive Physicians’ claims capabilities. Buchman joined Positive Physicians in 2023 as senior vice president of claims and has been instrumental… Continue reading...

October 10, 2024 by matray

LAMMICO congratulates Lafayette Surgical Specialty Hospital in Lafayette, La., the recipient of the 9th Annual LAMMICO Patient Safety Award and Grant. The 2023-2024 Patient Safety Award and Grant centered on falls prevention. Preventing patient falls is a top priority for patient safety, patient satisfaction, quality reputation and cost reduction. Patient… Continue reading...

October 7, 2024 by matray

Preverity, a provider of clinical risk analytics and patient safety solutions, and Graves Gilbert Clinic, a  healthcare provider in South Central Kentucky, have announced a strategic partnership to enhance patient safety and risk mitigation efforts. According to the companies, this collaboration marks a significant step forward in healthcare, combining Preverity's … Continue reading...

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...