Editor’s note: Today’s blogpost is the first of a two-part series reporting on the 2012 Physician Insurer Association of America (PIAA) Medical Liability Conference, which was held May 9 – 12 at the JW Marriott in Washington, D.C. The article it originates from was initially published in the June 2012 issue of Medical Liability Monitor, […]

When discussing medical malpractice insurance, we often use the terms “admitted” and “surplus lines” (non-admitted). Today we will go into more detail about surplus lines insurance companies and what you should know when applying to surplus lines insurance companies. Some of the reasons why your medical malpractice insurance agent may suggest surplus lines insurance companies […]

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 […]