We found out last week that America’s five largest health insurance organizations had profits of $12.2 billion dollars in 2009. Those insurance companies include United Health, Cigna, Aetna, Wellpoint and Humana. This was nearly a 60% increase over the previous year. The backwards thing about these profits is that they happened during the worst economic […]

A quick overview of the difference between Claims Made and Occurrence. Click here to get your free Professional Medical Liability Insurance Quote.

side note: Now that tort reform has become the oft-parroted republican talking point, we could be looking at an opportunity at the state level. So what if there is no federal tort reform? With the groundswell of conservative and independent voters seemingly convinced that medical malpractice lawsuit reform is the answer to skyrocketing healthcare costs, […]

Professional Medical Liability Insurance reform has hit a wall in Washington because of large lobbyist groups who do not want to see the rules changed. We’ve seen for sometime now that whether the reform is necessary or not doesn’t really matter. What we need to do is look at who makes up both sides of […]

ISMIE Mutual Insurance Company, Illinois’ largest medical liability insurer, was founded in 1976 as a response to a boom in medical malpractice litigation that dragged the state into an insurance affordability crisis. Prior to ISMIE, Illinois physicians had few liability insurance options. They could pay escalating premium prices, practice bare—without insurance—or participate in an underwriting […]

The more I read about this recent decision, the more I realize how much of an effect it will have on physicians practicing in the state of Illinois and the cost they pay for their medical liability insurance. We know that the 4-2 decision on February 4 ruled that the tort reform law of 2005 […]

A medical malpractice insurance specialist explains the difference between Shared Coverage and Individual Coverage as it relates to a physician’s med-mal policy.

Physicians have started to take advantage of the internet and reach out to each other in order to form a more cohesive community in which they can brainstorm and affect actual policy in Washington DC and their state governments. The 2008 election of President Obama increased physician membership in online communities because a lot of […]

side note: We pride ourselves on being advocates for Physicians and were displeased to see the personal trial lawyers of Illinois get handed a victory by the state’s Supreme Court. This will probably lead to more frivolous lawsuits against good physicians. The tort reform bill signed into law in 2005 had kept rates from rising […]