July 18, 2017 by matray

A.M. Best recently affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of the members of MedPro Group. These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN), its affiliates, Princeton Insurance Company (Princeton, NJ), PLICO, Inc. (Oklahoma City, OK), Commercial Casualty Insurance Company (Fort Wayne, IN) and Atlanta International Insurance Company (Flushing,… Continue reading...

July 11, 2017 by matray

CMIC, a mutual medical professional liability insurance company, announced that Stephen J. Gallant of Glastonbury, Conn., has joined the CMIC Group team as its new Chief Operating Officer. Mr. Gallant has more than 20 years of experience in the insurance industry. Most recently, he served as Senior Vice President of MMG Insurance Company, a property… Continue reading...

July 11, 2017 by matray

CMIC, a mutual medical professional liability insurance company, announced today that Michael Conneely, CPA of Wethersfield, Conn., has joined the CMIC Group team as its new Director of Finance. Mr. Conneely has more than 25 years of business and accounting experience, including 17 years in the insurance industry. He spent the most recent 14… Continue reading...

June 30, 2017 by matray

On June 28, the U.S. House of Represen-tatives voted 218 to 210 in favor of House Resolution 1215, the Protecting Access to Care Act, which would cap noneconomic damages in medical liability lawsuits at $250,000, among other provisions. The Protecting Access to Care Act models the reforms found in California’s… Continue reading...

June 30, 2017 by matray

NORCAL Mutual Insurance Company will offer medical professional liability insurance to Connecticut physicians, beginning July 1, 2017. This is the latest market entry for NORCAL, which provides coverage to 36 states as well as the District of Columbia. NORCAL provides protection for medical professionals against risks associated with practicing medicine… Continue reading...

June 30, 2017 by matray

On June 29, 2017, A.M. Best announced it has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) of Medical Professional Mutual Insurance Company’s (ProMutual) wholly owned subsidiaries, MHA Insurance Company (MHA), Washington Casualty Insurance Company (Washington Casualty) and Preferred Professional Insurance Company (PPIC). In addition, A.M. Best… Continue reading...

March 22, 2017 by matray

If one wanted to divine how the GOP intends to address medical professional liability in its yet-to-be-determined replacement for the Affordable Care Act, one place to look would be the legislation introduced by U.S. Rep. Phil Roe in January. “When I came to D.C., the Republican Study Committee asked me… Continue reading...

September 13, 2016 by matray

One of the priorities driving the Patient Protection & Affordable Care Act of 2010 is the need to rein in the exorbitant costs associated with the world’s most expensive healthcare system. One of the ways in which the reform legislation aims to achieve this goal is by incentivizing disparate physicians, hospitals… Continue reading...

August 10, 2016 by matray

American Conference Institute’s 2nd National Advanced Forum on Medical Liability – Claims, Coverage and Risk Management on October 27-28, 2016 in New York City. This conference will bring together an impressive faculty of government officials, medical experts, risk managers, insurance professionals and leading plaintiffs’ and defense attorneys, who will provide the most up-to-date… Continue reading...

July 18, 2016 by matray

Medical Liability Mutual Insurance Company (“MLMIC”), the largest underwriter of medical professional liability insurance in New York, announced today that it has entered into a definitive agreement, pending regulatory and policyholder approval, to be acquired by National Indemnity Company, following the completion of the conversion of MLMIC to a stock… Continue reading...