Last month, the global rating organizations A.M. Best and Fitch Ratings released independent reports that indicate while in recent years the medical professional liability insurance market has outperformed all other segments of the property/casualty insurance industry in underwriting and operating results, turbulence looms on the horizon for these insurers. Representing approximately two percent of the […]

I just read a press release that crossed my desk, and it gives really bad advice in regard to medical malpractice insurance coverage. This press release recommends that physicians choose to carry the minimum amount of medical malpractice insurance coverage necessary because this will make the doctor a less attractive target for a lawsuit. The […]

As you may know, there are 2 types of insurance companies that specialize in physician malpractice insurance. The first type, admitted, we’ll discuss in a future post because in this post we’ll focus on surplus lines companies, or non-admitted insurance companies. (But, briefly, an admitted company is an insurance company that participates in the state’s […]

If you’ve had a doctor liability claim, and/or been named in a suit, you know that it can be a very stressful process. Not only do you have to continue to run your practice, but you have to deal with the legal system, and your doctor liability company. Because it is happening to you, it […]

On May 8, 2012, Fitch Ratings released a report that proclaimed medical malpractice insurance companies should expect their underwriting performance to decline. According to Fitch, a deeper look into the nation’s medical malpractice insurance companies indicated a less positive performance than has generally been recognized and that future operating challenges will challenge the industry moving […]

We’re pleased to have Jason Leander, Executive Director of MyMedicalMalpracticeInsurance.com, available to discuss how liability claims are viewed from a liability agent‘s perspective. Jason’s job brings him in contact with doctors of all specialties in almost all 50 states. He has seen it all, and specializes in finding doctors liability coverage if they have had […]

side note: This article first appeared in the August 2010 issue of Medical Liability Monitor, the industry’s premier source for consistent, reliable coverage and fresh perspectives on medical professional liability insurance and risk management issues. To subscribe to the Monitor, please click here. On July 6, 2010, Insurance Superintendent James J. Wrynn announced the approval […]

According to a new report from the Administrative Office of Pennsylvania Courts, the number of reported Pennsylvania medical malpractice claims in 2011 is at least 40 percent lower from the state’s high water mark of 2000 to 2002. This is the fourth consecutive year that the number of claims has been at least 40 percent […]

We have written a lot here about technology and how it can make your practice more efficient and yet also make it more vulnerable. Technology is no longer just electronic medical records. As physicians and other health care providers come to reply on portable electronic devices more and more to run their practice and take […]