July 16, 2024 by matray

Fitch Ratings Affirms 'A' Ratings, 'Stable' Outlook for The Doctors Company. Fitch Ratings affirmed its “A” (Strong) Insurer Financial Strength ratings for The Doctors Company. The outlook of these ratings is "Stable." The ratings are based on Fitch's assessment of the company's very strong statutory capital position and sufficient loss… Continue reading...

July 11, 2024 by matray

Below are some headlines and article synopses from the July 2024 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. Nuclear Jury Verdicts Have Surged During the Last Decade Nuclear jury verdicts in personal injury and wrongful death cases have surged during the last… Continue reading...

July 11, 2024 by matray

Coverys recently announced that Coverys Limited has received Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA) approval to commence underwriting, effective June 26, 2024. This approval enables the organization to expand its offerings in the London market, supporting Coverys’ global growth and diversification strategy. Coverys Limited has also been… Continue reading...

July 9, 2024 by matray

Matthew Germak, MD, MPH, will be the new vice president for patient safety at CRICO, the medical professional liability insurance program serving the Harvard medical community and its affiliate organizations. He will assume this role beginning July 15, 2024. As vice president, Germak will report to Luke Sato, MD, senior… Continue reading...

June 20, 2024 by matray

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the members of ProAssurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the existing indicative Long-Term Issue Credit Ratings (Long-Term IR) of… Continue reading...

June 20, 2024 by matray

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the members of ProAssurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the existing indicative Long-Term Issue Credit Ratings (Long-Term IR) of… Continue reading...

June 11, 2024 by matray

Below are some headlines and article synopses from the June 2024 issue of Medical Liability Monitor. To read the articles in their entirety, please subscribe today. MPLI Underwriting Loss Widens, Performance Uneven Among Carriers The U.S. medical professional liability insurance (MPLI) market’s underwriting loss increased significantly in 2023. Pricing trends remain… Continue reading...

June 11, 2024 by matray

DOXA Insurance today announces the acquisition of CPH Insurance, a Chicago-based specialty managing general agent (MGA) providing professional liability products for mental health, allied health and healthcare professionals. “We are pleased to partner with CPH Insurance, an organization with vast specialized expertise in allied health. Everyone at DOXA looks forward… Continue reading...

June 6, 2024 by matray

Integris Group recently announced the promotion of Christina Canales-Perry, JD, to vice president of claims. Canales-Perry joined Integris in 2023 as the director of claims. During her tenure, Canales-Perry implemented revised litigation guidelines, introduced a new process for legal bill review and has fostered a close partnership with the company’s… Continue reading...

May 30, 2024 by matray

The Doctors Company, part of TDC Group, announced today that it has now distributed more than $175 million in Tribute Plan awards to almost 14,000  members. Created in 2007, the Tribute Plan rewards retiring doctors for their loyalty and dedication to superior patient care. The highest individual award to date is $264,808.… Continue reading...