January 7, 2022 by matray

The just-published February 2022 issue of Medical Liability Monitor features the following articles and more. Click here to subscribe today:

Swiss Re Attributes Social Inflation to Third-Party Litigation Funding, Calls for Federal Regulation of $17 Billion Industry
A new report from Swiss Re warns third-party litigation funding (TPLF) and the growth in litigation funding companies are contributing to the social inflation driving up legal expenses and claims severity in the insurance industry. The reinsurance giant is calling for stronger regulation of TPLF, including mandatory disclosure and regulation of funding terms and conditions …

New Mexico Makes Last-Minute Tweaks to New Medical Malpractice Act, Averts Medical Liability Insurance Crisis
New Mexico Gov. Michelle Lujan Grisham signed House Bill 11 late last month after a special legislative session that addressed ambiguities in the state’s recently overhauled Medical Malpractice Act (MMA). The last-minute fix averted a medical liability insurance crisis that threatened to force some independent physicians and medical practices to stop seeing patients on Dec. 31, 2021, but the fix is temporary ...

ATRF Publishes Annual ‘Judicial Hellhole Report,’ Medical Professional Liability Again Plays Determining Role
The American Tort Reform Foundation issued its 2021/2022 Judicial Hellholes report last month. The annual release documents abuses of the civil justice system in jurisdictions the pro-tort reform group says are among the most unfair and out of balance in the nation. As every year, medical professional liability issues played a significant role in which regions received mention in the 2021/2022 Judicial Hellholes report …

EmPRO Reports Strong First Year, Accelerates PRI Solvency Projection
One year since the inauguration of EmPRO Insurance Co., the New York-admitted medical liability insurance company has written more than $170 million in direct premium and helped contribute almost $35 million in positive surplus to its parent company Physicians’ Reciprocal Insurers …

Minnesota Supreme Court Weighing Physician Duty to Third Parties
The Minnesota Supreme Court recently heard oral arguments in Smits v. Park Nicollet Health Services, et al., a case the healthcare community says could create an untenable burden on healthcare providers to warn third parties of a patient’s unforeseeable violent behavior …

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