November 20, 2019
byCMIC Group announced that Edmund Schiavoni, MD, has joined the CMIC Board of Directors. Since 2014, Schiavoni has served on the CMIC RRG Board of Directors and was elected president and chairman of the CMIC RRG Board in 2017. Schiavoni received his medical degree from the Georgetown University and has… Continue reading...
November 11, 2019
byThe American College of Surgeons National Surgical Quality Improvement Program (ACS NSQIP) has recognized 88 of an eligible 592 hospitals participating in the adult program for achieving meritorious outcomes for surgical patient care in 2018. ACS NSQIP participating hospitals are required to track the outcomes of inpatient and outpatient surgical… Continue reading...
November 5, 2019
byHub International Limited announced today that it has acquired the medical professional liability and associated property and casualty lines of insurance brokerage business of Newsura Insurance Services, Inc. Terms of the transaction were not disclosed. Located in Roseville, Calif., Newsura provides insurance and risk management services to the healthcare industry,… Continue reading...
October 29, 2019
byCMIC Group announced that Scott Serels, MD, has joined the CMIC Board of Directors. Serels received his medical degree from the New York University School of Medicine where he was also the recipient of the Samuel Soifer Memorial Award. He completed his urologic residency at Albert Einstein College of Medicine… Continue reading...
October 22, 2019
byIn its 2019 Annual Rate Survey issue (MLM, October 2019), Medical Liability Monitor published incorrect 2018 rate data for Physicians’ Reciprocal Insurers (PRI) in New York. While the 2019 mature, base-rate premiums were correct, the company's published “percentage of change” between years was distorted by the 2018 rates. Between 2018 and… Continue reading...
October 17, 2019
byAM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb+” from “a-” of Kansas Medical Mutual Insurance Company, and its subsidiary, KAMMCO Casualty Company, Inc. These companies are referred to collectively as Kansas Medical Mutual… Continue reading...
October 10, 2019
byConstellation announced a strategic collaboration with the Baldrige Performance Excellence Program, the Baldrige Foundation and the Alliance for Performance Excellence, which have a common mission of defining, recognizing and fostering excellence in healthcare, education, business, government and nonprofits. Since 1988, the Baldrige Award, which carries the presidential seal, has been… Continue reading...
October 10, 2019
byAM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” from “a-” of Connecticut Medical Insurance Company (Glastonbury, CT) and its sponsored risk retention group company, CMIC Risk Retention Group… Continue reading...
October 7, 2019
byISMIE Mutual Insurance Co. announced a new affinity program partnership with the Association of Independent Doctors (AID). This national program is open to all AID members in good standing. When they choose ISMIE for their medical liability coverage, AID members receive a 10-percent premium discount and gain access to ISMIE's… Continue reading...
October 4, 2019
byAcadia Professional, a medical professional liability insurance agency, announced the acquisition of Toro Risk Consulting Group, a healthcare consulting firm that primarily works with emerging companies to support providers in value-based care programs. “Traditional medical malpractice risk can no longer be viewed in a silo. Toro brings a deeper understanding… Continue reading...
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