Posts tagged "New York"

by Michael Matray, editor of Medical Liability Monitor New York’s medical malpractice insurance market was the subject of two lengthy articles last month that examined the state’s shifting competitive landscape and the questionable finances of its second-largest insurer of medical liability, Physicians’ Reciprocal Insurers (PRI). In an article dated April 9, Politico New York primarily […]

Today we are writing about New York med mal coverage and risk retention groups (RRGs). Whenever a physician asks us what are the best and worst states to practice in from a med mal coverage standpoint, we always have to mention New York as the later. Unfortunately for physicians and caregivers in New York, New […]

side note: This article first appeared in the August 2010 issue of Medical Liability Monitor, the industry’s premier source for consistent, reliable coverage and fresh perspectives on medical professional liability insurance and risk management issues. To subscribe to the Monitor, please click here. On July 6, 2010, Insurance Superintendent James J. Wrynn announced the approval […]

Although it’s one of the largest states from the med mal ins premium point of view, New York can be a very frustrating state when looking for med mal ins. Doctors have limited choices for New York med mal ins and the state needs to see some reform in order to have a more competitive […]

A recently released study of all medical malpractice payments made in 2011 indicates that six states accounted for more than half of all medical malpractice indemnifications. The analyzed data came from the National Practitioner Data Bank That is an astonishing statistic. Which six states accounted for more than half of all medical malpractice indemnity payments […]

side note: California has long been on the cutting edge of medical liability tort reform. It was the first state in the nation to institute a cap on non-economic damages with the 1975 Medical Injury Compensation Reform Act (MICRA) of 1975. The cap helped California stabilize liability costs, particularly for specialty and high-risk services such […]

side note: New York is one of the states using funds designated by the Patient Protection & Affordable Care Act to set-up alternative resolution models for medical malpractice cases. One of the more popular ideas — a specific court for medical malpractice cases — was launched in the state on Sept. 1. It will be […]

Side Note: They say things are bigger and better in Texas and this is true for New York physicians who relocate to the Lone Star State. Due to tort reform legislation, known at Prop 12, that went into effect in 2003 in Texas, physicians are flocking to Texas. The article below provides some great statistics […]

Side Note: It’s tough being a physician in New York state. New York has some of the highest med mal policy rates in the country. If you’d like to view a history of New York med mal rates over the past 10 years, we have them. Unfortunately, it doesn’t look like any sort of med […]