June 10, 2019
byPhysicians' Reciprocal Insurers (PRI) announced an upcoming, June 25, webinar on "How to Respond to Document Requests, Audits and Overpayment Demands." Presented in partnership with Frier Levitt, a national healthcare law firm, this webinar will provide valuable information for both physicians and practices on how to mitigate the risk of,… Continue reading...
June 7, 2019
byA.M. Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Connecticut Medical Insurance Company (Glastonbury, CT) and its sponsored risk retention group company, CMIC Risk Retention Group (District of Columbia). These companies are referred to… Continue reading...
June 6, 2019
byFitch Ratings has affirmed ProAssurance Corporation’s (PRA) subsidiaries Insurer Financial Strength (IFS) ratings at 'A' (Strong). Fitch has downgraded PRA's senior unsecured debt to 'BBB' from 'BBB+' and its Issuer Default Rating (IDR) to 'BBB+' from 'A-'. The Rating Outlook is Stable. A full list of rating actions follows at… Continue reading...
June 6, 2019
byToday, the ISMIE Mutual Insurance Company announced that Texas insurance regulators have approved the company’s rate and forms filing. According to the company, growing its foothold in Texas is a significant step for the medical professional liability carrier’s national expansion. With this development, ISMIE is able to offer Texas physicians,… Continue reading...
May 23, 2019
byShareholders of ProAssurance Corp, acting at yesterday’s Annual Meeting of Shareholders, cast approximately 95 percent of their votes to elect Edward L. Rand, Jr., president and chief operating officer of ProAssurance, to its Board of Directors for a one-year term ending at the Annual Meeting of Shareholders in 2020. Shareholders… Continue reading...
May 22, 2019
byThe Medical Professional Liability (MPL) Association, the association representing the medical professional liability insurance community, has announced the election of J. Michael Conerly, MD, LAMMICO, and Gregg L. Hanson, Coverys, to serve three-year terms on the Association’s Board of Directors. The election occurred on May 17, during the Association’s Annual… Continue reading...
May 22, 2019
byThe Hilb Group, LLC, a middle-market insurance agency headquartered in Richmond, Va., and a portfolio company of the private equity firm Abry Partners, announced today the acquisition of Missouri-based The Keane Insurance Group, Inc. The transaction became effective May 1, 2019. Founded in 1995, The Keane Insurance Group is an… Continue reading...
May 21, 2019
byNorth Carolina-headquartered insurer of medical liability Medical Mutual Holdings, Inc., announced that it is rebranding to Curi, a new name and brand that is intended to better reflect the company’s mission to help physicians in medicine, business and life. According to the company, the Curi name captures the constant curiosity… Continue reading...
May 21, 2019
byThe Doctors Company announced the appointment of Daniel Kent Cassavar, MD, MBA, to its Board of Governors. Cassavar most recently was president and chief medical officer of ProMedica Physicians, a healthcare network of specialized hospitals, facilities, researchers, physicians and Daniel Kent Cassavar, MD, MBA, is a… Continue reading...
May 16, 2019
byThe Doctors Company announced the appointment of Howard Mills to the Board of Governors. Mills is the former global insurance regulatory leader of Deloitte. Prior to joining Deloitte in 2007, he served as superintendent of the New York State Insurance Department (now known as the Department of Financial Services). He… Continue reading...
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