April 17, 2018 by matray

A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Company (MedMal Direct) (Jacksonville, FL). The outlook of these Credit Ratings (ratings) has been revised to negative from stable. Concurrently, A.M. Best has withdrawn the… Continue reading...

April 12, 2018 by matray

Healthcare Matters launched new video segments from its "MPLI Executive Insights" series, where executives from companies involved with medical malpractice insurance are interviewed about trending topics and contemporary challenges facing the industry at large. The two new segments of "MPLI Executive Insights" feature interviews from the 2018 Professional Liability Underwriting… Continue reading...

April 9, 2018 by matray

Specialty-insurance provider CFC Underwriting recently announced the newest version of its cyber insurance product for U.S. healthcare providers. With the latest policy, CFC enhances its combined cover for privacy and operational disruption with industry-specific features to help healthcare organizations prepare for and respond to cyber incidents as well as comply… Continue reading...

March 29, 2018 by matray

A.M. Best has again affirmed a rating of “A” (Excellent) for NORCAL Mutual Insurance Company and its affiliates, in addition to revising the ratings outlook to “stable.” The revised outlooks are attributed to the improvements in underwriting and operating performance trends, along with A.M. Best’s expectation of sustaining positive trends… Continue reading...

March 13, 2018 by matray

MagMutual Insurance Co. announced a 10-percent premium return to policy owners as well as flexible options for its dividend and Owners Circle reward programs. According to the insurer of medical liability, MagMutual policyholders have received over $215 million in dividends since inception. "MagMutual continues to pay more than ever to… Continue reading...

March 9, 2018 by matray

Hiscox, the international specialist insurer, announced new coverages in their insurance policy for US businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a wide variety of specialized benefits for mental health professionals tailored to cover emerging risks in the allied healthcare field. Underscoring the… Continue reading...

March 6, 2018 by matray

NORCAL Mutual Insurance Co. is now offering medical professional liability insurance coverage to the healthcare providers of New Mexico. This marks the 40th state in which NORCAL operates, including the District of Columbia. “We are excited to extend our coverage to the medical community in New Mexico,” said Ron Rumin,… Continue reading...

March 6, 2018 by matray

KaMMCO announced today that it has been admitted to sell medical professional liability insurance and cyber security insurance in the Connecticut. As a member-directed insurance and healthcare technology company, KaMMCO is rated “A-” (Excellent) by A.M. Best. “The KaMMCO underwriting discipline and financial strength, combined with our pledge to provide… Continue reading...

March 1, 2018 by matray

NORCAL Mutual Insurance Co. now offers medical professional liability insurance coverage to the healthcare providers of New Mexico. This is the 40th state in which NORCAL operates, including the District of Columbia. “We are excited to extend our coverage to the medical community in New Mexico,” said Ron Rumin NORCAL’s… Continue reading...

February 14, 2018 by matray

CMIC, a medical professional liability insurance company, is pleased to announce that Michelle M. Ursini of Wethersfield, Conn., previously a senior underwriter with the company, has been promoted to director of marketing and business development. Ursini has more than a decade of experience in the professional liability insurance industry. Before… Continue reading...