Latest Med-Mal Insurance News & Research
California Medical Liability Insurance Rates Reduced Again
On June 11, the California Department of Insurance announced that it was flexing its rate regulation authority by mandating the state’s largest insurer of medical liability decrease its California medical malpractice insurance rates by an average of 10 percent. The Doctors Company now joins MIEC, MedPro, NORCAL Mutual, The Dentists Insurance Company and NCMIC in […]
Now We've Seen it All in Med Mal
We here at MyMedicalMalpracticeInsurance.com have seen a lot regarding med mal. As leaders and experts in the field, there is little that takes us by surprise. But, today we are going to go a little lighter on the content to discuss two news stories that raised our eyebrows recently. First, did you know that there […]
How to Buy Data Breach Insurance for Your Practice
We recently reported on an article from Becker’s Hospital Review about data breach insurance. Today, we would like to dig a little deeper into that data breach article. Specifically, it discussed what to look for when purchasing a data breach insurance policy. They consider three things: 1. coverage, sub-limit options, 2. premiums and deductibles, and […]
Part II: 2012 PIAA Medical Liability Conference Focuses on MPL's Role in Changing Healthcare
Editor’s note: Today’s blogpost is the second in a two-part series reporting on the 2012 Physician Insurer Association of America (PIAA) Medical Liability Conference, which was held May 9 – 12 at the JW Marriott in Washington, D.C. The article it originates from was initially published in the June 2012 issue of Medical Liability Monitor, […]
Part I: 2012 PIAA Medical Liability Conference Focuses on MPL's Role in Changing Healthcare
Editor’s note: Today’s blogpost is the first of a two-part series reporting on the 2012 Physician Insurer Association of America (PIAA) Medical Liability Conference, which was held May 9 – 12 at the JW Marriott in Washington, D.C. The article it originates from was initially published in the June 2012 issue of Medical Liability Monitor, […]
Just How Reliable Are Surplus Lines Companies?
When discussing medical malpractice insurance, we often use the terms “admitted” and “surplus lines” (non-admitted). Today we will go into more detail about surplus lines insurance companies and what you should know when applying to surplus lines insurance companies. Some of the reasons why your medical malpractice insurance agent may suggest surplus lines insurance companies […]
Ratings Agencies Warn of Profitability Challenges for Medical Professional Liability Insurance Companies
Last month, the global rating organizations A.M. Best and Fitch Ratings released independent reports that indicate while in recent years the medical professional liability insurance market has outperformed all other segments of the property/casualty insurance industry in underwriting and operating results, turbulence looms on the horizon for these insurers. Representing approximately two percent of the […]
Bad Advice on Medical Malpractice Insurance Coverage
I just read a press release that crossed my desk, and it gives really bad advice in regard to medical malpractice insurance coverage. This press release recommends that physicians choose to carry the minimum amount of medical malpractice insurance coverage necessary because this will make the doctor a less attractive target for a lawsuit. The […]
Medi Spa Ins: How to Save Money
Today we are going to talk about medi spa ins. Medi spa ins is a huge part of what we do here at MyMedicalMalpracticeInsurance.com. We cover medi spas in all 50 states and because they are regulated state by state, we have access to a lot of insurance companies. The term “medi spa” is a […]
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