medical professional liability News

Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims

Social inflation accounts for 8 to 11 percent of all medical malpractice losses for carriers that insure physicians, according to an actuarial analysis commissioned by The Doctors Co. TDC hired Moore Actuarial Consulting to estimate how much insurers’ average losses …

Pa. Court Loosens Rules on Where Malpractice Cases Can Be Filed

HARRISBURG, Pa. (AP) — Pennsylvania’s highest court on Thursday reversed its own two-decade-old rule that required medical malpractice cases to be filed in the county where the alleged harm occurred, a win for civil plaintiffs and the lawyers who represent …

Malpractice Insurance Premiums Increased 22%, Despite Fewer Claims

The number of malpractice claims filed against hospitals and physicians dropped 14% last year, even as premiums rose 22% on average, according to a report by the American Society for Health Care Risk Management and Aon. An analysis of Aon’s …

Anthony Joins CMIC Group Loss Prevention Department

Conn.-based CMIC Group, a medical professional liability insurer, welcomed Lisa Anthony as a loss prevention specialist. Anthony has more than 25 years experience in loss prevention and risk management. She most recently served as a risk manager for Saint Mary’s …

New Health Law Poses Risks to Medical Professional Liability Insurers

The U.S. medical professional liability (MPL) market has been profitable in recent yearsbut challenges await MPL insurers because an influx of newlyinsured patients, coupled with health care delivery system changes, could expand the risks MPL insurers face, the Casualty Actuarial …

MedMal Direct Announces Expansion into Georgia

Jacksonville-based MedMal Direct Insurance Company (MedMal Direct) announces it has received its certificate of authority from the Georgia Department of Insurance and has officially launched operations as a medical malpractice insurance carrier in Georgia. MedMal Direct enables physicians to realize …

Louisiana Medical Professional Liability Insurer Announces 10% Dividend

Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders, who will receive a 10 percent dividend of a policyholder’s written …

CMIC Hires Denise Condron as Senior Loss Prevention Consultant

CMIC, a doctor-owned medical professional liability insurer serving New England, named Denise Condron senior loss prevention consultant. Condron brings 20 years of healthcare experience in both clinical and administrative roles to her position at CMIC. She most recently served as …

Hospital, Physician Professional Liability Undergoing Major Change: Aon

The way health care is delivered and financed is undergoing major change, and this is reshaping the risks that hospitals and physicians face on a daily basis. Among other challenges, hospital risk managers are grappling with greater physician integration and …

Positive Industry Outlook Predicted for Medical Professional Liability Sector

Decreases in frequency of claims among healthcare practitioners, the stabilization of claim severity trends, shifts in the medical profession, the impact of risk management training and advancements in patient safety are all contributors to a positive outlook for the medical …