May 2, 2018 by matray

The Cooperative of American Physicians, Inc. (CAP) recently announced that vice president for practice optimization, Carole Lambert, MPA, RN, will speak at the Southern California Association for Healthcare Risk Management (SCAHRM) 38th Annual Educational Conference in Rancho Mirage, Calif., on Thursday, May 3 at 10:05 a.m. PDT. According to the company,… Continue reading...

May 2, 2018 by matray

CMIC Group, a mutual medical professional liability insurance provider, was recently notified that A.M. Best has affirmed the Company’s financial strength rating of A- (Excellent), and the Long-Term Issuer Credit Ratings of "A-" of Connecticut Medical Insurance Company (CMIC) (Glastonbury, CT) and CMIC Risk Retention Group (District of Columbia). However,… Continue reading...

April 26, 2018 by matray

The Doctors Company has promoted Catherine Shutack to the position of senior vice president of claims. In her new role, Shutack oversees the claims function throughout all 50 states for The Doctors Company. She reports directly to Bill Fleming, chief operating officer. “As service is the number one priority of… Continue reading...

April 26, 2018 by matray

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Connecticut Medical Insurance Company (Glastonbury, Conn.) and its sponsored risk retention group company, CMIC Risk Retention Group (District of Columbia). These companies are collectively referred to as Connecticut… Continue reading...

April 17, 2018 by matray

A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Company (MedMal Direct) (Jacksonville, FL). The outlook of these Credit Ratings (ratings) has been revised to negative from stable. Concurrently, A.M. Best has withdrawn the… Continue reading...

April 12, 2018 by matray

Healthcare Matters launched new video segments from its "MPLI Executive Insights" series, where executives from companies involved with medical malpractice insurance are interviewed about trending topics and contemporary challenges facing the industry at large. The two new segments of "MPLI Executive Insights" feature interviews from the 2018 Professional Liability Underwriting… Continue reading...

April 9, 2018 by matray

Specialty-insurance provider CFC Underwriting recently announced the newest version of its cyber insurance product for U.S. healthcare providers. With the latest policy, CFC enhances its combined cover for privacy and operational disruption with industry-specific features to help healthcare organizations prepare for and respond to cyber incidents as well as comply… Continue reading...

March 29, 2018 by matray

A.M. Best has again affirmed a rating of “A” (Excellent) for NORCAL Mutual Insurance Company and its affiliates, in addition to revising the ratings outlook to “stable.” The revised outlooks are attributed to the improvements in underwriting and operating performance trends, along with A.M. Best’s expectation of sustaining positive trends… Continue reading...

March 13, 2018 by matray

MagMutual Insurance Co. announced a 10-percent premium return to policy owners as well as flexible options for its dividend and Owners Circle reward programs. According to the insurer of medical liability, MagMutual policyholders have received over $215 million in dividends since inception. "MagMutual continues to pay more than ever to… Continue reading...

March 9, 2018 by matray

Hiscox, the international specialist insurer, announced new coverages in their insurance policy for US businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a wide variety of specialized benefits for mental health professionals tailored to cover emerging risks in the allied healthcare field. Underscoring the… Continue reading...