April 1, 2025 by matray

Leavitt Select Insurance Services has announced the hiring of Stewart Pierce, a seasoned insurance professional with more than 35 years of experience in the medical professional liability (MPL) insurance segment. Pierce is joining forces with fellow MPL veterans Steve Hammond and Toni Van Ekelenburg, both of whom he previously worked… Continue reading...

April 1, 2025 by matray

EmPRO Insurance Co. has reported for the year ended Dec. 31, 2024, admitted assets of $571.8 million — an increase of 17.3% — with liabilities of $466.4 million, reserves of $349.7 million and a surplus of $105.4 million. EmPRO grew net income to $18.3 million on gross written premium of… Continue reading...

March 31, 2025 by matray

The Doctors Company announced that it has approved a 2025 premium dividend of approximately $15.1 million, bringing the total of declared dividends to date to $485 million. “We are pleased to reward members once again with earned dividends,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors… Continue reading...

March 19, 2025 by matray

The Doctors Company and ProAssurance Corp. today announced that they have entered into a definitive agreement under which ProAssurance will be acquired by The Doctors Company. The combined company will have assets of approximately $12 billion. “We are excited to further our mission to advance, protect, and reward the practice of… Continue reading...

March 13, 2025 by matray

The Cooperative of American Physicians (CAP) is celebrating its 50th anniversary this year. Founded in 1975 by a group of nine California physicians, CAP was established to address the escalating costs of medical malpractice coverage through its Mutual Protection Trust (MPT), rated A+ (Superior) by AM Best for 18 consecutive… Continue reading...

March 7, 2025 by matray

Below are some headlines and article synopses from the March 2025 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. Primary Care Physicians Concerned About GLP-1 Telehealth Prescriptions Amid soaring patient demand for GLP-1 weight loss medications such as Ozempic and Wegovy, primary care… Continue reading...

March 5, 2025 by matray

The Mutual Risk Retention Group recently announced that its long-serving president and chief executive officer, Gloria H. Everett, will retire after 23 years of leadership. As part of a carefully planned transition, the company has initiated a national search for its next CEO, ensuring a seamless leadership change that aligns… Continue reading...

March 3, 2025 by matray

Coverys has appointed Naveed Anwar as its chief financial officer. Reporting to Coverys President and CEO Joseph G. Murphy, Anwar will oversee strategic initiatives focused on expanding growth opportunities and optimizing capital management to support the company’s long-term sustainability and organizational goals. Anwar brings more than 25 years of financial… Continue reading...

February 21, 2025 by matray

The Doctors Company, part of TDC Group, announced today the promotion of Laura Kline, MBA, CPCU, CIC, to regional operating officer of the Northeast Region. In her new role, Kline will drive operational excellence across the 26 states located in the Northeast Region and lead teams including Business Development, Underwriting,… Continue reading...

February 14, 2025 by matray

MagMutual Insurance Co. announced a 2.5% dividend return to its policy owners for this year. With this latest declaration, MagMutual now has awarded 26 years of dividends throughout its company history. During that time, the company has returned $468 million in financial rewards to policyholders since inception, including $167 million… Continue reading...