April 2, 2020
byU.S. Senator Ben Sasse, a member of the Senate Finance Committee, introduced the Facilitating Innovation to Fight Coronavirus Act. The emergency legislation would limit liability for healthcare professionals who are fighting coronavirus. “In ERs and ICUs across America, doctors and nurses are writing the playbook as they fight this virus… Continue reading...
April 2, 2020
byAt the direction of Wisconsin Gov. Tony Evers, Insurance Commissioner Mark Afable issued a request to medical malpractice insurers aimed at expanding access to telemedicine during the COVID-19 pandemic and at ensuring retired and out-of-state health care workers can get the medical malpractice coverage in order to support the state's… Continue reading...
December 18, 2019
byThe Physicians Protector Plan (a division of B&B Protector Plans, Inc.) is now writing medical professional liability coverage for physicians in the state of Texas. Underwritten by Aspen American Insurance Co., the Physicians Protector Plan offers two unique insurance products designed specifically for today's physician practice. PracticePRO is a medical… Continue reading...
November 11, 2019
byThe American College of Surgeons National Surgical Quality Improvement Program (ACS NSQIP) has recognized 88 of an eligible 592 hospitals participating in the adult program for achieving meritorious outcomes for surgical patient care in 2018. ACS NSQIP participating hospitals are required to track the outcomes of inpatient and outpatient surgical… Continue reading...
November 5, 2019
byHub International Limited announced today that it has acquired the medical professional liability and associated property and casualty lines of insurance brokerage business of Newsura Insurance Services, Inc. Terms of the transaction were not disclosed. Located in Roseville, Calif., Newsura provides insurance and risk management services to the healthcare industry,… Continue reading...
October 2, 2019
byAccording 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...
September 11, 2019
byCMIC 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...
August 29, 2019
byThe 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...
August 21, 2019
byThe 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...
August 20, 2019
byPinnacle 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...