Latest Med-Mal Insurance News & Research
Justice Praises Ohio County Medical Society
http://www.theintelligencer.net The Ohio County Medical Society played an integral role in quelling the state’s medical malpractice crisis, said West Virginia Supreme Court Justice Elliott Maynard. Maynard’s comments highlighted the society’s installation of officers dinner held Tuesday at Sandscrest Conference and Retreat Center in Wheeling. He commended society members for their work to have the state […]
Pa. medical liability climate improves, governor says
http://www.ama-assn.org Pa. medical liability climate improves, governor says – New DEA rule allows extended scripts Pennsylvania tort reforms helped reduce medical liability claims payouts by the state’s patient compensation fund by 50% between 2003 and 2007, Gov. Edward G. Rendell announced in October. Key measures enacted under the 2002 Medical Care Availability and Reduction of […]
Illinois judge voids cap on liability awards
The case heads to the state Supreme Court, which twice before declared noneconomic damage limits unconstitutional. By Amy Lynn Sorrel, AMNews staff The Illinois cap on noneconomic damages in medical liability cases hangs in the balance, now for the third time. A trial court struck down the award limit as unconstitutional. A number of other […]
A.M. Best Assigns Ratings to American Physicians Insurance Company and American Physicians Service Group, Inc.
http://www.businesswire.com A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating (ICR) of “a-â€? to American Physicians Insurance Company (API). A.M. Best also has assigned an ICR of “bbb-â€? to API’s parent holding company, American Physicians Service Group, Inc. (APS) (both of Austin, TX) (NASDAQ: AMPH). The […]
Editorial: Malpractice limits
http://daily-journal.com It was one of those overlooked stories easily passed over in the continuing drumbeat for nationalized healthcare. A Cook County judge ruled that an Illinois law attempting to limit damages for medical malpractice is unconstitutional. Two years ago, amid a crisis in malpractice insurance and costs, Illinois lawmakers passed a law that put a […]
Malpractice limits lead to drop in premiums
David Royse | The Associated Press Four years ago, many Florida doctors threatened to quit their practices because their malpractice-insurance premiums were spiraling out of control. Some doctors retired early, some moved out of state. A few briefly walked off the job. Others dropped their insurance and hoped for the best. “The rates were going […]
Studies predict shortage of physicians nationwide
With doctors retiring, local hospitals take steps to prevent gaps in care By Cheryl Powell Beacon Journal medical writer Notice a few more gray hairs these days when you visit your doctor? Not on you — on the doctor. Be warned: Those silvery strands could be a sign of a physician shortage on the horizon. […]
Mayo growing neuro practice
Jacksonville Business Journal – by Dave Strupp Staff Writer The Mayo Clinic is investing $30 million over five years to expand its neurosciences department with more space, staff and equipment. The department will add up to 13,000 square feet of clinical space in its location on San Pablo Road, and will also occupy space in […]
Reports Record Net Income of $8.4 Million for the Third Quarter
http://money.cnn.com Net income increases 109% and net premiums written increase 21% over the comparable year-earlier quarterly results. Darwin Professional Underwriters, Inc. (“Darwin,” the “Company,” or “Our”) today announced its financial results for the third quarter ended September 30, 2007. Highlights include: — Gross premiums written for the third quarter are $69.3 million. Third quarter gross […]
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