Medical Liability Monitor’s 2019 Annual Rate Survey Indicates a Medical Professional Liability (Medical Malpractice) Insurance Market Firming, But Are We Headed for a Real Hard Market?

October 2, 2019 by matray

According to just-released data from the 2019 Medical Liability Monitor Annual Rate Survey, for the first time since 2006, more than 25 percent of medical professional liability (MPL) premium rates increased, while for a second consecutive year, only 5 percent of rates decreased. These firming rates indicate a turn from… Continue reading...

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Michael G. Roque Joins CMIC Group as Chief Operating Officer

September 11, 2019 by matray

CMIC Group announced that Michael G. Roque has joined the CMIC Group team as the new Chief Operating Officer. Roque has more than 20 years of experience in medical professional liability, working on both the broker and carrier sides. Most recently, he served as vice president of Business Development at… Continue reading...

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Kansas Insurance Department Places Physicians Standard Insurance Co. in Rehabilitation

August 29, 2019 by matray

The Kansas Department of Insurance has issued the following news release: On Aug. 20, 2019, the Shawnee County District Court in Topeka, Kan., signed an order placing Physicians Standard Insurance Co. (PSIC) in rehabilitation under the supervision of the Kansas Insurance Department. The Order of Rehabilitation (Order) was entered with… Continue reading...

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The Doctors Company Appoints New Chief Medical Officer

August 21, 2019 by matray

The Doctors Company announced the appointment of David L. Feldman, MD, MBA, CPE, FAAPL, FACS, as chief medical officer (CMO) of The Doctors Company Group. In this new role, Feldman will lead the group’s education efforts in — and be the primary spokesperson for — trends and issues on patient… Continue reading...

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Ken Hawkins Joins Pinnacle Actuarial Resources as Consulting Actuary

August 20, 2019 by matray

Pinnacle Actuarial Resources announced that Ken Hawkins, ACAS, MAAA, has joined Pinnacle as a consulting actuary in the firm’s Bloomington, Ill., home office. Hawkins returns to Pinnacle after three years of leading pricing and rate implementation for a regional property/casualty insurer’s commercial lines products. “We are very pleased to welcome… Continue reading...

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Internists, Leading Physician & Public Health Organizations Urge Immediate Action to Prevent Firearm-related Injury, Death

August 8, 2019 by matray

Abstract: http://annals.org/aim/article/doi/10.7326/M19-2441 The American College of Physicians (ACP) and the nation’s leading physician and public health organizations called for policies to reduce firearms-related injuries and deaths in the U.S. in a new call-to-action, “Firearm-Related Injury and Death in the United States: A Call to Action from the Nation’s Leading Physician… Continue reading...

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The Doctors Company Completes Acquisition of Hospital Insurance Co., FOJP Service Corp. in New York

August 1, 2019 by matray

The Doctors Company has completed the purchase of Hospitals Insurance Company (HIC), a New York State admitted and licensed insurance company, and FOJP Service Corp., a New York service organization that provides third-party comprehensive insurance and risk management advisory services to HIC-insured hospitals. The purchase price is $650 million, subject… Continue reading...

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ISMIE Mutual Partners with Kentucky DOs

July 31, 2019 by matray

ISMIE Mutual Insurance Co. announced a new affinity program partnership with the Kentucky Osteopathic Medical Association (KOMA). Through the program, KOMA members will receive access to ISMIE’s risk management services, premium discounts and other. Physicians coming out of residency are eligible for special discounts. “We look forward serving the members… Continue reading...

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ProAssurance Named a Ward’s 50 Company for the Thirteenth Consecutive Year

July 17, 2019 by matray

ProAssurance Corp. has been named to the Ward’s 50 for 2019. This is the thirteenth-consecutive year the Ward Group has recognized ProAssurance as one of America’s fifty top performing property-casualty insurance companies. To be included in the Ward’s 50, companies are subject to a rigorous evaluation process that includes financial… Continue reading...

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A.M. Best Affirms Credit Ratings of Members of MedPro Group

July 11, 2019 by matray

A.M. Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-TermIssuer Credit Ratings of “aa+” of the members of MedPro Group (MedPro) (headquartered in Fort Wayne, IN). These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN), its affiliates: Princeton Insurance Company (Princeton, NJ);… Continue reading...

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