Latest Med-Mal Insurance News & Research
Board Votes to Privatize Medical Malpractice Plan
http://www.wlbt.com by Jon Kalahar Five years ago the “medical malpractice availability plan” was created by the state legislature to keep physicians from leaving Mississippi. It offered doctors malpractice insurance they desperately needed to practice medicine. Now through tort reform, the plan can be sold to a private company. We explain how the state went from […]
Hospital insurance rates to stay level
http://blog.masslive.com By MICHAEL McAULIFFE With malpractice claims down and awards not rising significantly, the Medical Professional Mutual Insurance Co. has announced that for the first time since 1996 it will not raise medical liability insurance rates this year for hospitals, clinics, clinical laboratories and community health centers in the state. In Western Massachusetts, ProMutual insures […]
Creve Coeur-based Purkinje helps physician offer in-house prescriptions
By Mary Jo Feldstein ST. LOUIS POST-DISPATCH At the Des Peres Urgent Care Center, when patients leave with a prescription it typically means pills in hand, not a slip of paper to be brought to the pharmacy. The physicians there worked with Purkinje Inc. of Creve Coeur to set up an in-office dispensing system that […]
Darwin Professional Underwriters, Inc. Reports Record Net Income of $7.8 Million for the Second Quarter
http://money.cnn.com Net income increases 130% and net premiums written increase 35% over the comparable year-earlier quarterly resultsDarwin Professional Underwriters, Inc. (“Darwin,” the “Company,” or “Our”) today announced its financial results for the second quarter ended June 30, 2007. Highlights include: — Gross premiums written for the second quarter are $65.9 million. Second quarter gross premiums […]
OHIC Insurance Company Awarded Financial Strength Rating of A-
http://www.newsrx.com/ The Doctors Company, the nation’s leading physician-owned medical malpractice insurer, is pleased to announce that the A.M. Best Company has assigned an A- (Excellent) rating with a “Stable Outlook” to OHIC Insurance Company (OHIC), a wholly owned subsidiary of The Doctors Company. The Doctors Company acquired OHIC, the leading medical liability carrier domiciled in […]
Doctors won't have to carry more malpractice insurance
http://blog.pennlive.com The Pennsylvania Insurance Department announced today there still aren’t enough medical malpractice insurers in the state to require to doctors to carry at least $750,000 in coverage. The state will continue to require doctors to carry $500,000 in coverage from a private insurer and to obtain another $500,000 from a state fund called Mcare. […]
ProAssurance Recognized as a Top Performer in Ward’s 2007 Survey
BUSINESS WIRE http://home.businesswire.com/ ProAssurance Corporation (NYSE:PRA) is included in the 2007 Ward’s 50, a prestigious list which recognizes top performing property-casualty insurance companies. ProAssurance is the only specialty medical malpractice carrier to be included in Ward’s 2007 list. The Ward Group analyzed over 2,700 property-casualty insurance companies from 2002 to 2006 in order to identify […]
Nurse uproar over new GP assistants
http://www.nursinginpractice.com Plans to bring in new GP assistants will tread on nurse practitioner toes, say Nursing in Practice readers. Physician assistants are to “supplement the existing NHS workforce” in taking medical histories, performing examinations, diagnosing illnesses and analysing test results. But Nursing in Practice readers agree that the new profession is unnecessary, as nurse practitioners […]
Insurance Commissioner Tells Clubs ‘Defensive Medicine' Raises Rates
http://www.countywidenews.com By Wayne Trotter There’s “no doubtâ€? that health premiums are higher because doctors are practicing “defensive medicine,â€? Oklahoma’s insurance commissioner told a Shawnee audience this week. But, Commissioner Kim Holland acknowledged, the effect of that is hard to quantify. Holland appeared Tuesday before a joint civic club luncheon sponsored by the Lions, Kiwanis and […]
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