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...

Posted in A.M. Best, Medical Malpractice News, Medical Protective (MedPro) | Leave a comment

July 1, 2019 by matray

AMA Abortion Lawsuit Puts Doctors In The Thick Of Debate Julie Rovner, Kaiser Health News The American Medical Association is suing North Dakota to block two abortion-related laws, the latest signal the doctors’ group is shifting to a more aggressive stance as the Trump administration and state conservatives ratchet up… Continue reading...

Posted in Informed Consent, Medical Malpractice, Medical Malpractice News, Uncategorized | Leave a comment
Brian J. Spero Is Appointed to Coverys’ Board of Directors

June 21, 2019 by matray

Coverys announced the appointment of Brian J. Spero to the Medical Professional Mutual Insurance Company board of directors. Spero has more than 30 years of proven expertise as a senior executive in insurance operations, legal, regulatory and administrative leadership roles. Spero currently serves as the president and CEO of The… Continue reading...

Posted in Appointments and Promotions, Coverys, Medical Malpractice News | Leave a comment
NY DFS Approves Acquisition of Hospital Insurance Company by The Doctors Company

June 20, 2019 by matray

Acting New York Financial Services Superintendent Linda A. Lacewell today announced that the Department of Financial Services (DFS) has approved the application of The Doctors Company (TDC) to purchase Hospitals Insurance Company (HIC) from Maimonides Health Resources, Inc., Montefiore Medicine Academic Health System, Inc. and Mount Sinai Health System, Inc.,… Continue reading...

Posted in Acquisitions and Mergers, Medical Malpractice News, The Doctors Company | Leave a comment
Denise M. Condron promoted to Vice President of Loss Prevention and Kevin M. Bresnahan, JD, promoted to Vice President of Claims at CMIC Group

June 19, 2019 by matray

CMIC Group announced that Denise M. Condron, previously the Director of Loss Prevention, has been promoted to the role of Vice President of Loss Prevention. Additionally, Kevin M. Bresnahan, JD, the prior Director of Claims, has been promoted to the role of Vice President of Claims. Condron has more than… Continue reading...

Posted in Appointments and Promotions, CMIC, Medical Malpractice News | Leave a comment
MIEC to Host ‘Summit for Insurance Defense’ on June 20

June 12, 2019 by matray

MIEC announced its inaugural MIEC Summit for Insurance Defense will take place in Boise, Idaho, on June 20, 2019. The Summit for Insurance Defense is a new annual regional seminar series. Each year it will be hosted in one of MIEC’s territories. The goal of this seminar series is to… Continue reading...

Posted in Medical Malpractice, Medical Malpractice News, Medical Professional Liability Insurance, MIEC | Leave a comment
Webinar: The Growing Cost of Defending Medical Malpractice Claims and How to Reverse the Trend for Doctors, Hospitals and Insurance Companies

June 12, 2019 by matray

During the past fifteen years, the number of malpractice claims filed has dropped significantly (as much as 27% according to the CRICO 2018 CBS Benchmarking Report). That's good news for insurance companies, doctors and hospitals. But while the frequency of claims went down, the cost of defending a malpractice lawsuit… Continue reading...

Posted in Medical Liability Monitor, Medical Malpractice, Medical Malpractice News, Medical Professional Liability Insurance, Uncategorized, webinar | Leave a comment
Physicians’ Reciprocal Insurers to Present Webinar “How to Respond to Document Requests, Audits and Overpayment Demands”

June 10, 2019 by matray

Physicians' Reciprocal Insurers (PRI) announced an upcoming, June 25, webinar on "How to Respond to Document Requests, Audits and Overpayment Demands." Presented in partnership with Frier Levitt, a national healthcare law firm, this webinar will provide valuable information for both physicians and practices on how to mitigate the risk of,… Continue reading...

Posted in Medical Malpractice News, Physicians’ Reciprocal Insurers (PRI), Risk Management, webinar | Leave a comment
ISMIE Mutual Admitted in Texas

June 6, 2019 by matray

Today, the ISMIE Mutual Insurance Company announced that Texas insurance regulators have approved the company’s rate and forms filing. According to the company, growing its foothold in Texas is a significant step for the medical professional liability carrier’s national expansion. With this development, ISMIE is able to offer Texas physicians,… Continue reading...

Posted in Expansion, ISMIE Indemnity, ISMIE Mutual, Medical Malpractice News, Medical Professional Liability Insurance | Leave a comment
ProAssurance Announces Results from 2019 Annual Meeting of Shareholders

May 23, 2019 by matray

Shareholders of ProAssurance Corp, acting at yesterday’s Annual Meeting of Shareholders, cast approximately 95 percent of their votes to elect Edward L. Rand, Jr., president and chief operating officer of ProAssurance, to its Board of Directors for a one-year term ending at the Annual Meeting of Shareholders in 2020. Shareholders… Continue reading...

Posted in Medical Malpractice News, ProAssurance Corp. | Leave a comment