Latest Med-Mal Insurance News & Research
A Break For State’s Doctors
By DIANE LEVICK | Courant Staff Writer Many Connecticut doctors will pay lower premiums for malpractice insurance because of actions taken by two insurers, and another company plans to enter the market here, heating up competition. The premium decreases will range from a few percentage points to more than 20 percent, providing at least a […]
Malpractice Carrier To Cut Cost: Only One Insurer Will Cut Rates — By An Average Of 11 Percent. Doctors And Lawyers Are At Odds Over What It Means.
The Insurance professionals only source for News A leading Pennsylvania malpractice insurance carrier says it plans to lower its rates by an average of 11 percent next year. The Pennsylvania Trial Lawyers Association says the news proves the “so-called crisis” involving doctors and medical malpractice insurance rates is abating. Doctors, on the other hand, say […]
TMLT to cut rates for doctors
Austin Business Journal The Texas Medical Liability Trust’s governing board voted to reduce rates for Texas policyholders and pay out a dividend once policies are renewed in 2008. TMLT is the largest writer of medical malpractice insurance in Texas. The board approved a 6.5 percent rate reduction on all medical specialities and classes, effective Jan. […]
Doctors find going solo painless
By Erik Lacitis Seattle Times staff reporter http://seattletimes.nwsource.com If patients getting a checkup at Dr. Donald Stewart’s clinic in Sammamish feel at ease — like they’re visiting the family doc at his home — it’s because they are. On July 28, Stewart began his new life as a downsized solo physician, chucking his previous career […]
Insurance provider lowers physician reimbursements while earnings grow
http://www.lubbockonline.com Many residents of the West Texas and eastern New Mexico region may be thinking the negotiations between the physicians of Covenant Medical Group and Blue Cross Blue Shield of Texas are simply about money. Blue Cross would have you believe this dispute is solely due to physician greed. That is as far from the […]
GUEST COMMENTARY: Physician-Driven Malpractice Insurance: A Model that Works
By Lewis S. Sharps, M.D. http://www.huntingtonnews.net President, Positive Physicians Insurance Exchange The health care industry was at a crossroads in 2002. Rising costs stemming from the increase of malpractice claims created a dangerous ripple effect: Several major medical liability insurers went out of business, limiting the options for doctors. Access to care was threatened by […]
NY AG warns insurers on doc rankings
http://money.cnn.com Attorney General Andrew Cuomo asked Aetna Inc. (NYSE:AEF) (NYSE:AET) and Cigna Corp. (NYSE:CI) on Thursday to explain how they recommend doctors to patients after finding the insurers’ physician-ranking programs to be confusing or even deceiving. ‘Ratings can be a very good thing if these ratings are accurate and fair and transparent. The more information […]
Risk Retention Groups Essential Alternative to Failing Malpractice Insurers in New York State
http://www.marketwire.com Well-capitalized and managed Risk Retention Groups (RRG) provide the essential alternative to failing existing insurers for New York physicians and surgeons seeking stable, comprehensive, competitively priced malpractice insurance, Sanford “Sandy” Elsass, President-Underwriting Manager for J. M. Woodworth RRG, told a Congressional hearing today in Brooklyn. Chaired by Rep. Edolphus Towns (10th District, NY), the […]
Doctor malpractice insurance gets new player
BY BRUCE JAPSEN http://www.chicagotribune.com Competition in the state’s medical malpractice insurance market has intensified, with a Texas company the latest to launch professional medical liability coverage for Illinois physicians. Medicus Insurance Co. of Austin said it has begun offering malpractice coverage for the state’s doctors, saying the climate to operate in Illinois has improved thanks […]
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