Latest Med-Mal Insurance News & Research
Del. looks to attract captive insurers
By LESLIE A. PAPPAS, The News Journal http://www.delawareonline.com The captive insurance specialists gathered Tuesday at the Hotel du Pont are the first to admit that most of the world does not understand what they do. “I tried to explain it the other day to my mother,” a speaker joked in the opening session of the […]
Younger MDs reject boomers' workaholism
Sarah Boesveld, Ottawa Citizen Baby-boomer doctors are working too many hours and are burning out hard and fast, according to an Ottawa psychiatrist. Dr. Derek Puddester, who spoke over the weekend in Winnipeg to the annual meeting of the Royal College of Physicians and Surgeons, says tired doctors make mistakes, lowering the quality of health […]
Md. task force begins study on doctors' pay
By M. William Salganik Sun reporter A new state task force set out yesterday to determine if there is a problem with physician reimbursement and, if so whether it is affecting the availability of doctors in the state. Its findings could spotlight what so far has been primarily a simmering issue between doctors and insurers. […]
Doctors’ dividend to get state scrutiny
Malpractice insurer was to award $68 million to members by Douglas Tallman | Staff Writer http://www.gazette.net Maryland’s new insurance regulator has called a hearing for next month to decide how much the state should collect of a proposed $68.6 million dividend from the state’s leading medical malpractice insurer. Insurance Commissioner Ralph S. Tyler, citing a […]
Medical Protective Lowers Texas Physician Rates for the Fifth Time
http://home.businesswire.com Medical Protective, Texas’ oldest primary medical professional liability insurer, announced today it will reduce its average rates for Texas physicians by another 7.3%, effective January 1, 2008. This will be the fifth reduction in the last three years, cumulatively reducing malpractice premiums for Texas physicians by an average of over 30%. The company also […]
Malpractice insurer plans to exit subsidy program early
By M. William Salganik | Sun reporter http://www.baltimoresun.com Sitting on comfortable surpluses, Maryland’s largest medical malpractice insurer intends to end its participation in the state’s premium subsidy program two years early and is proposing to return $32.5 million of the $72.4 million in subsidies it has received so far. In effect, Medical Mutual Liability Insurance […]
Maryland Puts Hold on $68 Million Medical Mutual Dividend
http://www.insurancejournal.com Maryland Insurance Commissioner Ralph S. Tyler wants to review a large medical malpractice insurance dividend payment before it goes out. Newly-appointed Tyler said he will hold a hearing next month to review a plan by Medical Mutual Liability Insurance Society of Maryland to pay a $68 million dividend, a portion of which is owed […]
Medicare Moves to Cut 'Self Referral' Practice
Proposed New Rules Target The Rise in Doctors Sending to Centers They Own By DAVID ARMSTRONG http://online.wsj.com In February, a group of cardiologists in Gainesville, Ga., announced they were building a diagnostic heart center in an $18 million joint venture with the local hospital. Last month, they said the project was dead. The reason? Federal […]
Med malpractice rates cut
By Laura Hipp http://www.clarionledger.com A 15.5 percent rate cut by the largest medical malpractice insurer in Mississippi has doctors praising tort reform and hoping their ranks grow. The Medical Assurance Co. of Mississippi decided Sept. 5 to lower insurance costs for physicians in 2008. Gov. Haley Barbour, whose 2003 campaign made tort reform a cornerstone, […]
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