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...

July 7, 2016 by matray

Healthcare providers face rising medical professional liability exposures given the recent increase in healthcare-system utilization under the Affordable Care Act (Obamacare), shifting trends in hiring and employment patterns as well as healthcare delivery models, increased use of electronic platforms and portals, decreasing reimbursements and greater regulatory scrutiny. As such, all those along the medical… Continue reading...

July 2, 2015 by matray

On June 25, the U.S. Supreme Court endorsed consumer subsidies to purchase healthcare insurance in the 36 states that have not established their own exchange under the Patient Protection & Affordable Care Act. The decisive 6 - 3 decision in King v. Burwell further cemented the reforms from President Barack… Continue reading...

May 19, 2015 by matray

The following is an unabridged version of Medical Liability Monitor's review of the 2015 PLUS Medical PL Symposium. An abridged version of this article appears in the May issue of Medical Liability Monitor. With the U.S. healthcare delivery system negotiating its way through unprecedented reforms, the Professional Liability Underwriting Society… Continue reading...

October 10, 2014 by matray

Medical Liability Monitor’s 2014 Annual Rate Survey Indicates the Medical Professional Liability Insurance Industry’s Decade-Long Premium Decline Continues with No Indication of a Course Correction in Sight According to just-released data from the 2014 Medical Liability Monitor Annual Rate Survey, the medical professional liability (medical malpractice) insurance industry’s premiums continue… Continue reading...