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 […]
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 […]
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, […]
ATRF Publishes Annual ‘Judicial Hellhole Report,’ Medical Professional Liability Again Plays Determining Role
The American Tort Reform Foundation (ATRF) issued its 2021/2022 Judicial Hellholes report late last year in December. 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 […]
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 […]
PRI Launches New Admitted MPL Insurer EmPRO in New York
Physicians’ Reciprocal Insurers (PRI) launched EmPRO Insurance Co., a new subsidiary insurer domiciled and authorized to write medical professional liability business in the State of New York, on September 15. Wholly-owned by PRI, EmPRO is administered by PRIMMA LLC, PRI’s attorney-in-fact. Current PRI insureds will be transitioned to EmPRO when their policies renew without any […]
New York Gov. Andrew Cuomo Proposes New Physician Oversight Rules
New York Gov. Andrew Cuomo last month announced a proposal for strengthening the oversight of physicians and other medical professionals to better protect patients as part of his State of the State agenda. Cuomo proposed a comprehensive set of reforms to ensure that the Department of Health’s Office of Professional Medical Conduct has adequate and […]
Why Do I Need a Medical Malpractice Insurance Broker When Seeking Medical Director Insurance?
I recently had a lengthy discussion with a general surgeon from New Jersey, who was offered a medical directorship at a surgical center in Manhattan, N.Y. He explained that the surgical center would not provide his medical malpractice insurance and, therefore, would need to secure his own coverage. When he called his current insurer, they […]
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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