Latest Med-Mal Insurance News & Research
New England Journal of Medicine Against Non-Economic Damage Caps
A recent peer-reviewed article in the New England Journal of Medicine makes the argument that non-economic damage caps in medical liability cases are ineffective at controlling the cost of healthcare and ultimately have a negative effect on overall patient safety. The article continues to argue that it is not a lack of non-economic damage caps, […]
Patient Satisfaction More Important Than Ever in Medicine
A study of customer satisfaction across several industries, including patient satisfaction in health care, was the topic of a recent AMedNews article that we’ll discuss today. The consulting firm, PwC, studied customer service in health care and compared it with several other industries, like hotels and airlines. As you are well aware, for better or […]
Why the TYPE of Liability Agent You Have Matters
It may seem obvious that the type of liability agent you use to secure coverage is one of the most important choices you will make. Will you choose to work with someone representing a specific company and limit yourself to only one option, or do you want to see the entire scope of the market […]
Massachusetts' New Disclosure, Apology and Offer Law
The new “Disclosure, Apology and Offer Law” from Massachusetts is unprecedented. It has doctors and lawyers working together! It’s a good day. If you follow this blog, you know that we are big fans of tort reform and innovative attempts at lowering medical malpractice costs and streamlining the claim process. The new Disclosure, Apology and […]
3 Things They Don't Teach You About Physician Liability Coverage in Med School
From the beginning of May, until then end of June, the agents at MyMedicalMalpracticeInsurance.com typically have hundreds of physician liability coverage submissions from physicians just out of residency or fellowship. More often than not, most of these newly trained doctors have not been educated about physician liability insurance, an expense they may have to bear […]
Missouri Supreme Court Overturns Damage Cap, Doctors Fear Malpractice Insurance Rates Will Skyrocket
On July 31, the Missouri Supreme Court ruled that the state’s $350,000 cap on non-economic damages in medical malpractice lawsuits is unconstitutional. The non-economic damage cap was passed as part of a series of comprehensive tort reforms passed in 2005 and signed into law by then-Gov. Roy Blunt. Non-economic damage caps bring predictability to a […]
Looking for Med Mal Coverage? Top 6 Things You Need to Know about Cunningham Group
Today let’s keep it simple and talk about why you should feel confident contacting Cunningham Group for your med mal coverage. Here are the Top 6 Things You Need to Know about Cunningham Group: 1. All we do is med mal insurance. At Cunningham Group, we specialize, just like you do. We don’t wear many […]
3 Things to NEVER Assume About Your Liability Policy
It is quite common for a new client or soon-to-be client to call us with questions about their physician liability policy. We always go over the policy very carefully with our new clients and we attempt to explain not only what the policy covers, but what the policy doesn’t cover. Here are three very important […]
August 2012: The State of the Liability Market
As summer fades into fall, it would be a good idea to take a brief look at the state of the liability market and provide you with a snapshot on where the market is today. As you know from reading these pages, the liability market is regulated on a state-by-state basis. Frankly, some states have […]
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