January 21, 2022
byAlera Group, an independent, national insurance and wealth services firm, announced the acquisition of Heritage Risk Management, a network of independent risk management agencies that serve clients throughout Texas, Oklahoma, Colorado and New Mexico. “At Heritage Risk Management, our independent agencies are able to stay close to clients and deliver… Continue reading...
January 18, 2022
byThe Mutual Insurance Company of Arizona (MICA) recently announced $17 million in dividends to be allocated among active policyholders as of Dec. 31, 2021. According to MICA, the dividend derives from a combination of favorable claims experience and strong investment performance. “As a physician-owned and directed mutual insurance company, MICA is able to… Continue reading...
January 14, 2022
byPLUS, a non-profit organization offering professional liability educational programs, networking events, educational products and information, announced a new membership model starting in 2022 that will allow all professionals in the professional liability industry to join PLUS association at no cost. The move expanded PLUS membership from 6,000 to more than… Continue reading...
January 11, 2022
byCMIC RRG announced the appointment of Stratton Danes, MD, to its Board of Directors. “Dr. Danes brings a wealth of knowledge and expertise to our Board of Directors,” said Stephen J. Gallant, CMIC RRG chief executive officer. “With his input, we look forward to expanding and enhancing our coverage and… Continue reading...
January 11, 2022
byIntegris Group announced today the appointment of Victoria Reyes, MD, to its Board of Directors. “Dr. Reyes is an experienced and well-respected physician whose expertise will benefit our Board of Directors,” said Stephen J. Gallant, Integris Group chief executive officer. “Her leadership and insights will support our continued growth as… Continue reading...
January 7, 2022
byThe just-published February 2022 issue of Medical Liability Monitor features the following articles and more. Click here to subscribe today: Swiss Re Attributes Social Inflation to Third-Party Litigation Funding, Calls for Federal Regulation of $17 Billion Industry A new report from Swiss Re warns third-party litigation funding (TPLF) and the… Continue reading...
December 16, 2021
byThe Cooperative of American Physicians, Inc. (CAP) announced today that the Mutual Protection Trust (MPT), its medical malpractice/professional liability coverage product for California physicians, again earned an A+ (Superior) rating from A.M. Best. This marks the 15th-consecutive year MPT achieved this rating. As part of its grading report, A.M. Best praised MPT… Continue reading...
December 15, 2021
byLAMMICO was named one of the Best and Brightest Companies to Work For in the Nation for fall 2021 by the National Association for Business Resources. The 2021 Fall National winners were assessed by an independent research firm that reviewed a number of key measures relative to other nationally recognized… Continue reading...
December 15, 2021
byAM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Applied Medico-Legal Solutions Risk Retention Group, Inc. (AMS RRG) (Phoenix, AZ). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect AMS RRG’s balance sheet strength,… Continue reading...
December 6, 2021
byThe December 2021 issue of Medical Liability Monitor features the following articles and more. Click here to subscribe today: Federal Appeals Court Narrows PREP Act Liability Protections Almost two years after the U.S. government declared COVID-19 a public health emergency, federal courts are beginning to narrow the application of the Public… Continue reading...