Latest Med-Mal Insurance News & Research
Malpractice Reform Pays Off for Some
By the News-Register http://www.theintelligencer.net Just a few years ago, many West Virginia health care professionals complained that the high cost of malpractice insurance was forcing them to drop certain specialties, retire or leave the state. State officials did something about that — but now we wonder whether the “cureâ€? isn’t running a bit of a […]
It's tort reform time in Tennessee
http://southernstudies.org If it’s springtime, state legislators are in session and tort reform is again a hot topic in states where it hasn’t already been passed. Here in Tennessee, a proposed comprehensive “health care liability” bill (HB1993/SB2001) would, among other things: * Limit non-economic damages to $250,000 * Limit contingency fees for attorneys * Restrict expert […]
More residencies said to be vital to keep doctors
UCF’s Dr. Deborah German and others endorse legislation to increase such positions. Harry Wessel | Sentinel Staff Writer http://www.orlandosentinel.com When the University of Central Florida won approval last year to build a medical school, the landmark event was touted as a key step in alleviating both the region’s and the state’s growing shortage of physicians. […]
Doctors rushing to practice in Texas after tort reform
Austin Business Journal by Jon Selden ABJ Staff http://austin.bizjournals.com Sign seen hanging in a vacant medical office in New York: “GTT” Just three years after state lawmakers cured a so-called medical crisis that was supposedly driving hordes of doctors out of the state, the state’s medical board is facing another one — too many doctors […]
NJ PURE Medical Malpractice Insurer Declares Dividends to Its Physicians
The malpractice insurer heralds its unique ability to underwrite more efficiently and control its claim losses and expenses as reasons for its success http://www.prnewswire.com New Jersey Physicians United Reciprocal Exchange (NJ PURE), a leading New Jersey medical malpractice insurer, has declared a cash dividend to its physician policyholders. NJ PURE, a not-for-profit reciprocal exchange, will […]
Bloated insurance coffers, not malpractice suits, are the problem
By LARRY DAUGHTREY http://www.tennessean.com Like many of the issues batted around in Tennessee’s General Assembly, it is all about money —and who gets the edge in pocketing the most. Two professions with high ideals — healing and justice — are right in there in the mix with loan sharks, liquor dealers and used-car sellers. The […]
Insurer Rx: Kind doctors
To trim malpractice claims, United Medical helps physicians improve bedside manner, record keeping and procedure management By S.P. DINNEN REGISTER BUSINESS WRITER http://desmoinesregister.com
Insurer's chief made $429,750 last year
by George Hohmann Daily Mail business editor The chief executive officer of the company set up by the Legislature to provide medical malpractice insurance in West Virginia received pay totaling $429,750 last year, according to a report filed with the Offices of the Insurance Commissioner. David Rader, president and CEO of the West Virginia Physicians’ […]
ProAssurance Settles Fla. Case for $217M
Medical liability insurance provider ProAssurance Corp. said Monday it settled a malpractice verdict against one of its subsidiaries for $217 million. A jury in Tampa awarded $117 million to the plaintiff in a malpractice case, and added another $100 million in punitive damages against ProNational Insurance Co., one of ProAssurance (nyse: PRA – news – […]
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