September 29, 2017 by matray

The Doctors Company announced yesterday that it is now offering coverage on an admitted basis to New York healthcare providers. The New York Department of Financial Services’ recent approval of the company’s manual rate and secondary filings officially confirmed the company’s expanded presence. The Napa, Calif.-based insurer of medical liability… Continue reading...

September 29, 2017 by matray

ISMIE Mutual Insurance Co. and ISMIE Indemnity announced plans yesterday for expanded service and product offerings in the state of Missouri. With a recent updated rate filing, the companies will offer medical liability coverage for individual health professionals, groups and healthcare facilities. ISMIE plans to pursue new business in Missouri as… Continue reading...

September 21, 2017 by matray

ISMIE Mutual Insurance Co. and ISMIE Indemnity announced plans today for expanded service and product offerings in the state of Michigan. With a recent updated rate filing, the companies will offer medical liability coverage for individual health professionals, groups and healthcare facilities. “ISMIE has had a Michigan presence for many… Continue reading...

September 19, 2017 by matray

ISMIE Mutual Insurance Co. announced its 2nd Annual Risk Management Symposium: Emerging Risks. This daylong conference will be held November 17 at the Hyatt Regency O’Hare in Rosemont, Ill., and is open to all interested healthcare professionals and administrators. This year’s symposium will feature keynotes and individual breakout sessions focusing on… Continue reading...

September 13, 2017 by matray

Due to the severe impact and debilitating effects of Hurricane Irma, NORCAL Mutual Insurance Company is providing premium payment relief to all policyholders throughout Florida and Georgia. NORCAL will extend premium payment due dates for those impacted by Hurricane Irma until November 1 to ensure policyholders are able to work… Continue reading...

September 8, 2017 by matray

A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Company (KaMMCO) (Topeka, KS). The outlook of these Credit Ratings (ratings) has been revised to negative from stable. In addition,… Continue reading...

September 6, 2017 by matray

Coverys and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance, announced today that they have entered into a definitive merger agreement pursuant to which Coverys’ ProMutual Group will acquire GIMC. GIMC and the predecessors to its insurance subsidiary, Healthcare Underwriters Group, Inc., were founded by… Continue reading...

September 6, 2017 by matray

ProAssurance Corp. today announced the establishment of the ProAssurance Endowed Chair for Physician Wellness at the University of Alabama at Birmingham. This academic chair is the first of its kind in the United States. The initial $1.5 million gift to the UAB School of Medicine will endow an academic chair… Continue reading...

August 31, 2017 by matray

NORCAL Mutual Insurance Company will begin offering medical professional liability insurance in Nebraska, beginning September 1. This is the latest in NORCAL’s national expansion, which now reaches 38 states, including the District of Columbia. NORCAL Mutual and its subsidiaries insure more than 27,000 physicians nationwide and offer exclusive continuing medical… Continue reading...

August 9, 2017 by matray

Today, ISMIE Mutual Insurance Company and ISMIE Indemnity announced entry into Pennsylvania. The companies will offer occurrence and claims-made medical liability coverage for individual health professionals, groups and healthcare facilities. “We are excited that Pennsylvania providers will now be able to access our medical liability coverage,” said ISMIE vice vhairman… Continue reading...