March 26, 2020
byAs U.S. healthcare systems are being pushed to their limits during the COVID-19 pandemic, The Doctors Company announced that it will provide free medical professional liability coverage to retired physicians formerly insured by the company who volunteer during the crisis. "Today, our mission to advance, protect and reward the practice… 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...
June 12, 2019
byMIEC 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...
June 12, 2019
byDuring 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...
June 6, 2019
byToday, 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...
May 22, 2019
byThe Hilb Group, LLC, a middle-market insurance agency headquartered in Richmond, Va., and a portfolio company of the private equity firm Abry Partners, announced today the acquisition of Missouri-based The Keane Insurance Group, Inc. The transaction became effective May 1, 2019. Founded in 1995, The Keane Insurance Group is an… Continue reading...
May 21, 2019
byNorth Carolina-headquartered insurer of medical liability Medical Mutual Holdings, Inc., announced that it is rebranding to Curi, a new name and brand that is intended to better reflect the company’s mission to help physicians in medicine, business and life. According to the company, the Curi name captures the constant curiosity… Continue reading...
May 10, 2019
byThe Cooperative of American Physicians, Inc. (CAP) today announced that CAP Physicians Insurance Agency, Inc. (CAP Agency), a wholly owned subsidiary of CAP, has been appointed to The Hanover Insurance Group’s President’s Club, which recognizes elite independent insurance agencies from across the country. Agencies named to the company’s President’s Club… Continue reading...
May 6, 2019
byIn a 5-3 opinion released on April 23, the Oklahoma Supreme Court ruled that the state’s $350,000 cap on recoverable non-economic damages is unconstitutional. According to the majority opinion in Beason v. I.E. Miller Services, Inc., the Court found the noneconomic damage cap to be an unconstitutional “special law” because… Continue reading...
April 30, 2019
byThe MPL Association, the association representing the medical professional liability (MPL) community, today issued a reminder that its annual Conference will feature two of the leading voices on healthcare quality ratings: Leah Binder, president and chief executive officer, The Leapfrog Group, and Ben Harder, managing editor and chief, health analysis,… Continue reading...