April 16, 2020 by matray

AM Best will host a complimentary webinar on April 28, 2020, at 10 a.m. (EDT). AM Best analytic personnel and insurance industry leaders will review the state of the U.S. medical professional liability insurance sector. The panel will examine financial results, underwriting, loss trends, regulatory and industry developments, along with… Continue reading...

April 16, 2020 by matray

Mutual Insurance Company of Arizona (MICA) announced that its Board of Trustees has declared a special dividend to provide economic relief to its members. The company will distribute a $12 million dividend to all members with policies in-force as of April 30, 2020. The dividend will be credited to policyholder… Continue reading...

April 14, 2020 by matray

MagMutual announced new premium discounts on medical professional liability policies as they renew next year for policyholders who experienced lower patient volumes in 2020 as a result of the coronavirus outbreak. Discounts will extend through to 2023 policy renewal period. “This COVID-19 crisis has altered the way our country is… Continue reading...

April 14, 2020 by matray

MagMutual announced that its medical professional liability policyholders can defer their premium payments for nine months. The premium deferment option is available to existing and new policyholders. At the completion of the nine-month period, policyholders will then have the option to spread out their outstanding balance over their subsequent renewed… Continue reading...

April 14, 2020 by matray

The following is a Legislative Alert from Protect Patients Now: Protect Patients Now needs your help to protect patients and the healthcare providers that are working on the front lines of the COVID-19 pandemic. Healthcare professionals and facilities are facing challenges, unlike anything in our modern medical history. They put… Continue reading...

April 13, 2020 by matray

California Insurance Commissioner Ricardo Lara ordered insurance companies to return insurance premiums to consumers and businesses and provide much-needed financial relief during the COVID-19 emergency. The Commissioner's Bulletin covers premiums paid for at least the months of March and April — including the month of May if “shelter in place” restrictions continue… Continue reading...

April 10, 2020 by matray

Massachusetts Gov. Charlie Baker filed legislation to provide healthcare workers and facilities protections from civil liability while they are on the front lines of the Commonwealth’s COVID-19 response. The legislation would protect healthcare professionals, including doctors, nurses and emergency medical technicians, as well as certain healthcare facilities from liability and… Continue reading...

April 6, 2020 by matray

Under an executive order, dentists are considered essential healthcare providers and are encouraged to sign up to join the California Health Corps, a newly launched statewide effort to prepare the healthcare delivery system to respond to a potential surge in COVID-19 patients by opening additional healthcare sites. Registered dental hygienists… Continue reading...

April 6, 2020 by matray

California Gov. Gavin Newsom recently announced the creation of a new volunteer corps for California healthcare workers who want to help during the COVID-19 outbreak. The new program —California Health Corps — is open to physicians (both active and retired), medical students and a wide range of healthcare professionals and… Continue reading...

April 6, 2020 by matray

As part of ongoing efforts to support our dedicated physicians throughout New York, MLMIC Insurance Co. is extending medical professional liability coverage – without requiring any new premium – to retired physicians who were last insured with MLMIC and are coming back as volunteers to provide care during the COVID-19… Continue reading...