Posts tagged "New York"

hellholes 2022
Mar 4, 2025
ATRF Judicial Hellhole Annual Report: Medical Liability Discussed

The American Tort Reform Foundation (ATRF) issued its 2021/2022 Judicial Hellholes report in December last year. The annual release documents abuses of the civil justice system in jurisdictions the pro-tort reform group says are among the most unfair and out-of-balance in the nation.  The ATRF is a branch of the American Tort Reform Association (ATRA), […]

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Nov 18, 2024
Why Do You Need a Broker for Medical Director Insurance?

Medical directors hold a unique role in healthcare settings, often overseeing clinical operations and providing guidance on medical procedures and policies. However, this responsibility comes with increased liability risks that are not typically covered by standard physician malpractice insurance. Medical director insurance is designed specifically to address these unique exposures, ensuring that physicians in these […]

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Nov 11, 2024
EmPRO Insurance: PRI’s MPL Subsidiary for New York Physicians

Physicians’ Reciprocal Insurers (PRI) launched EmPRO Insurance Company on September 15, 2020, to provide medical professional liability (MPL) insurance in New York. EmPRO, administered by PRIMMA LLC—PRI’s attorney-in-fact—aims to offer physicians a stable insurance solution supported by PRI’s financial resources.  Initially focused on New York, EmPRO has since expanded to cover additional states in the […]

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NYC
May 22, 2024
NY Gov Hochul Vetoes Bill Expanding Recoverable Wrongful Death Damages

New York Gov. Kathy Hochul vetoed for a second time the Grieving Families Act (GFA), a bill that would have expanded recoverable damages in wrongful death claims to include noneconomic damages. Under the current 177-year-old law, compensable damages in wrongful death actions are limited to economic loss only. New York and Alabama are the only […]

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Jan 31, 2024
New York Lawmakers Again Vote to Update Wrongful Death Statute in Way Doctors Say Would Increase Damages, Harm Safety Net Care

New York lawmakers have again overwhelmingly passed a bill to overhaul the state’s 176-year-old wrongful death statute. A similar bill was vetoed by Gov. Kathy Hochul on Jan. 30 due to her concerns it could result in “significant costs for many sectors of our economy, particularly hospitals that are still recovering from the pandemic and […]

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May 21, 2022
N.Y. Executive Budget Proposal Would Cut Judgment Interest Rate, Alter How State’s Excess Insurance Program Is Funded

New York Gov. Kathy Hochul unveiled her 2022-2023 Executive Budget in late 2021, which includes a more than $10 billion, multi-year investment in the state’s healthcare system. It also contains two proposals that would affect the medical liability community. The governor’s budget proposal would fund healthcare initiatives aimed at modernizing the state’s emergency medical services, […]

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Curi logo
Dec 3, 2020
Curi Announces Next Chief Executive, Retirement of Current CEO

Medical malpractice insurer Curi recently announced that Jason Sandner will take over as its next chief executive officer on July 1, 2021, when current CEO Dale Jenkins steps down after more than 25 years of service to the company. Sandner is currently the company’s chief operating officer and chief financial officer. Jenkins will continue to […]

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New York State
Feb 12, 2020
A Closer Look at the 2020 Physician Oversight Rules by Gov. Cuomo

To improve patient safety and ensure accountability among medical professionals, New York Governor Andrew Cuomo introduced a detailed plan to reform the oversight of doctors and other healthcare providers. This overview details the key steps taken in this initiative, focusing on efforts to increase transparency and discipline in the healthcare sector.  The Proposal Announcement Governor […]

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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 […]

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