Medical Malpractice Insurance

Latest Med-Mal Insurance News & Research

Jun 13, 2019
A.M. Best Cites Underwriting, Reserving Pressures for Maintaining Negative Medical Professional Liability Outlook

The U.S. medical professional liability (MPL) insurance segment continues to produce favorable results, with better-than-average profitability for more than a decade. However, according to a new A.M. Best Special Report, the MPL market remains pressurized, resulting in a longterm trend of declining premiums, rising underwriting ratios and diminishing reserve redundancies. The Best’s Market Segment Report, […]

Read more
May 7, 2019
Trump Administration Fiscal-Year 2020 Budget Proposal Estimates $31.5 Billion in Savings from Hypothetical Medical Liability Reform

In March, the Trump Administration unveiled its Fiscal-Year 2020 budget proposal, outlining the President’s tax and spending priorities for the next decade. While the president’s budget proposal is simply a request with no binding authority on Congress, it is best understood as a detailed statement by the administration of its fiscal goals and policy preferences. […]

Read more
Mar 11, 2019
2019 MPL Association Conference to Convene in Portland, Oregon, May 15-17

The MPL Association, the organization representing the medical professional liability (MPL) insurance community, issued a reminder that its annual Conference will take place May 15-17 at the Marriott Portland Waterfront Hotel in Portland, Ore. The Conference is open to both MPL Association members and non-members. The Association also noted that advance registration for the 2019 […]

Read more
Nov 8, 2018
MLMIC Completes Demutualization, Acquisition by Berkshire Hathaway

MLMIC Insurance Co. announced last month the completion of its conversion from a property-and-casualty mutual insurance company to a property-and-casualty stock insurance company and the finalization of its $2.5 billion acquisition by National Indemnity Co., a subsidiary of Berkshire Hathaway Inc. The conversion and acquisition followed a September 6 approval by the Superintendent of the […]

Read more
Oct 29, 2018
Rural Hospitals Are Closing at an Alarming Pace

There is an interesting article in the New York Times titled A Sense of Alarm as Rural Hospitals Keep Closing that looks at a growing trend happening in the hospital space.  Rural hospitals are closing their doors and this is affecting Americans all over the country.  Some of the eye-opening facts in the article: Since […]

Read more
Aug 27, 2018
Family of Prince files lawsuit in MN against doctor, Walgreens and hospital system

The family of Prince has filed a medical malpractice lawsuit against a doctor in which the family feels he failed Price by failing to treat his opioid addiction and providing him with narcotics without a proper prescription. The Minnesota lawsuit also names the physician’s former employer, North Memorial Health, Walgreens and UnityPoint Health as defendants.  […]

Read more
Aug 9, 2018
Florida Judge Invalidates Another Portion of State’s Damage Cap

In June, Miami-Dade Circuit Court Judge Jose Rodriguez denied a defense motion to reduce a jury verdict for noneconomic damages from $500,000 to $350,000 because the defense offered to arbitrate the claim, further chipping away at Florida’s tort reform laws that cap noneconomic damages in medical professional liability actions. In 2014, the Florida Supreme Court […]

Read more
Jul 11, 2018
Wisconsin Supreme Court Reverses Circuit & Appellate Courts, Rules State’s Noneconomic Damage Cap Constitutional

On June 27, the Wisconsin Supreme Court ruled that the state’s $750,000 cap on noneconomic medical liability damages is constitutional. “Today’s Court decision preserves Wisconsin’s balanced medical liability system that has been instrumental in attracting physicians to communities across Wisconsin, while providing assurance to injured patients that they will receive payment for the full amount […]

Read more
Jun 14, 2018
Amidst a Constantly Evolving Medicolegal Landscape, 2018 PIAA Medical Liability Conference Examines Emerging Challenges

Hosted at the Waldorf Astoria Hotel in Orlando, Fla., the 2018 PIAA Medical Liability Conference assembled the various members of the medical professional liability industry from May 16 – 18 for three days of educational sessions, networking and meetings. “You are here because the work we all do is critical to the practice of medicine,” […]

Read more

Start Your Custom Quote Process™

Request a free quote