Latest Med-Mal Insurance News & Research
Surgeons See Med Mal Claims Decrease, Payouts Rise
Everyone, we have some mixed news to report today. A recent study of surgical med mal claims was discussed at the American College of Surgeons 97th Annual Clinical Congress. Overall, the study found that the number of surgical med mal claim payouts have decreased, which is the good news, but the size of the payouts […]
New CEO at WVPMIC Credits Stable Medical Malpractice Environment to Tort Reform
The largest medical malpractice insurance provider in West Virginia, the West Virginia Mutual Physicians Insurance Company (WVPMIC), announced a change in leadership. And the new president and chief executive officer, R. Austin Wallace, MD, heaped large amounts of praise on the medical liability insurance company he now runs as well as the state legislature that […]
Med Mal Lawsuits' Emotional Impact on Surgeons
We all know that med mal lawsuits have a huge impact on physicians. They can be extremely expensive, both in terms of cost for litigation and payouts and also because they frequently result in higher liability insurance costs. They also cost a lot in terms of a physician’s time. But, a more difficult cost to […]
Med Mal Litigation in a Nutshell
At MyMedicalMalpracticeInsurance.com we are rarely left smiling after reading an article about med mal litigation. Or feeling optimistic. But today was a good day. We read an article about med mal lawsuits that left us practically hopeful. The start of the article very nicely outlined the purpose of med mal tort liability. This includes: providing […]
Data Breach Endorsement Added to Some Med Mal Policies
We talk a lot about medical data security here at MyMedicalMalpracticeInsurance.com. This topic has been growing in importance due to the fast-paced growth of medical technology, the transition to electronic medical records, and the explosion in portable devices. While we are first and foremost med mal insurance agents, we are also physician advocates, and we […]
Florida Lawmakers Sponsor Bill to Stabilize Medical Malpractice System
The medical liability climate in Florida is a mess. Medical malpractice insurance in Miami’s Dade County is more expensive than any other in the nation, and the high cost of medical malpractice premiums influence too many doctors in the Sunshine State to choose to practice bare, without any liability insurance coverage at all. Add the […]
"Rogue" Physicians and Liability Claims
The Claims Journal website recently had an interesting article talking about “rogue” physicians and their impact on medical liability insurance claims. What is a rogue physician, you may ask? The article described a rogue physician as one who has problems doing things legally or ethically, or involving, more specifically, liability claims for criminal acts, disruptive […]
Tennessee General Assembly Looking at More Tort Reform to Lower Medical Malpractice Insurance Premiums
Last year was a banner year for the passage of state-level tort reforms. In fact, the American Tort Reform Society pronounced 2011 to be the “most productive year for the enactment of meaningful state civil justice reforms in recent memory.” All together, more than 30 new tort reform measures were enacted in states across the […]
A Review of Damage Caps & Med Mal Exposure
Several states this year explored the possibility of placing damage caps on med mal damages, including Florida, Oregon and Virginia. A recent article in Claims Journal asked, “Can Damage Caps Limit Medical Malpractice Exposure?” The article reviews several sources of information that point to such a limit when damage caps are in place. The article […]
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