May 11, 2020 by matray

The Medical Professional Liability (MPL) Association announced Richard Anderson, MD, FACP, chairman and chief executive of The Doctors Company, will be the recipient of the 2020 Award of Excellence in Honor of Peter Sweetland. Dr. Anderson is being honored for his singular contributions and longtime dedication to the MPL insurance… Continue reading...

May 8, 2020 by matray

James Q. Swift, DDS, FACS, director and chair of OMS National Insurance Co. (OMSNIC) and its wholly owned subsidiary, Fortress Insurance Co., has been selected to serve as the chair of the Medical Professional Liability Association (MPL Association). He is the first dentist to serve as chair of the organization.… Continue reading...

May 6, 2020 by matray

Last week, more than 100 PLUS members participated in PLUS’s virtual Cyber University.  While the PLUS Cyber University has traditionally been conducted in-person, this year’s virtual education was part of a planned 2020 strategic initiative to provide distance education to a broader audience. Attendance at the event more than doubled… Continue reading...

April 30, 2020 by matray

Fitch Ratings has affirmed its "A" (Strong) Insurer Financial Strength ratings for The Doctors Company and its wholly owned subsidiaries, collectively referred to as The Doctors Company Group. Fitch also announced that the rating outlook for all ratings is "Stable." The ratings are based on Fitch's current assessment of the… Continue reading...

April 28, 2020 by matray

The Doctors Company announced the hiring of Marco Spadacenta to be senior vice president of claims, effective April 27. In his new role, Spadacenta oversees the claims function nationally of the admitted medical professional liability (MPL) unit, reporting directly to Robert White, executive vice president, MPL. Spadacenta most recently served… Continue reading...

April 24, 2020 by matray

The Health Coalition on Liability and Access (HCLA) announced the organization's Board of Directors and Executive Committee members for 2020, following the annual meeting held earlier this month. As Sustaining Members of the HCLA, Board seats were granted to the American Association of Neurological Surgeons/Congress of Neurological Surgeons, the American… Continue reading...

April 17, 2020 by matray

The Institute for Justice (IJ) sent open letters to six states calling on authorities to suspend requirements that nurse practitioners may only work in hospitals under the supervision of a physician. The supervision requirements in California, Florida, Georgia, North Carolina, Texas and Virginia prevent many nurse practitioners from helping patients… Continue reading...

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...