Insurance Industry

Inflation — both economic and social — has added an estimated $4 billion in insured losses and expenses to the U.S. medical malpractice insurance market over the past decade, according to a new study commissioned by The Doctors Company and conducted by Moore Actuarial Consulting. The 2025 report builds on findings from a similar 2023 More

MagMutual Insurance Co., one of the nation’s largest providers of medical professional liability coverage, has introduced MyAdvice, a new digital platform that delivers risk management guidance to help healthcare providers reduce malpractice exposure and improve patient outcomes. The platform uses MagMutual’s extensive database of claims, billing and procedure data to identify risk patterns and offer More

Michelle Foster Earle has spent more than 20 years helping healthcare providers, insurers and brokers navigate some of the toughest risks in medicine. As founder and CEO of OmniSure Risk Consulting, she built a woman-owned firm known for blending clinical insight with risk management expertise. OmniSure delivers proactive strategies, on-demand support and real-time guidance that More

During the Covid-19 pandemic, healthcare workers quickly became “heroes” as they risked their lives to treat patients, sometimes becoming ill themselves. It was a “halo” effect that often extended to the institutions they worked for as the media depicted packed hallways with people awaiting care, many of whom were underinsured or without insurance. But like More

After a pandemic dip in plaintiff medical malpractice trial verdicts, jury awards of more than $10 million and $25 million have surged since 2022. The spike has led many insurers to cut coverage limits, leaving hospitals and healthcare institutions to patch together coverage from more carriers. According to global reinsurance company TransRe, there were 160 More

The call comes in on a Tuesday morning: A medical spa client is expanding into invasive procedures and wants to update its liability coverage. The broker jots down the details and reaches out to the underwriter. Now the clock is ticking. What’s covered under the existing policy? Will the carrier approve the change — or More

The U.S. is facing a severe and growing shortage of healthcare professionals, with more than 124,000 doctors and 450,000 nurses projected to be missing from the workforce by 2027, according to projections published in November 2024 by the National Center for Health Workforce Analysis. The number represents doctors who work 40 hours a week across More

As healthcare institutions scramble to fill critical staffing shortages, many are leaning on third-party staffing agencies to provide doctors, nurses and mid-level providers on demand. These companies promise convenience — handling recruitment, credentialing and onboarding — but they may also carry hidden risks that don’t become clear until it’s too late. Insurance structures like rolling More

ProAssurance shareholders have overwhelmingly approved the company’s proposed acquisition by The Doctors Company. More than 99% of shares voted, including abstentions, supported the deal. Under the terms of the agreement, ProAssurance stockholders will receive $25 per share in cash — a roughly 60% premium over the company’s March 18 closing price — valuing the transaction More

Munich Re Specialty–North America (MRS-NA) has launched a new Life Science liability business, extending its reach into one of the fastest-growing areas in healthcare and specialty insurance. The new offering is designed to support companies in pharmaceuticals (both branded and generic, as well as prescription and OTC), clinical trials, medical devices, dietary supplements, contract services More

Indigo, the AI-powered medical professional liability insurance provider, has rolled out a new layer of protection for doctors: Expert Witness Liability Coverage. The new policy extension is designed to cover physicians who serve as expert witnesses in legal cases — a growing area of exposure often left unaddressed by traditional coverage. “Physicians are often asked More

Mediation is now one of the most common ways of resolving medical malpractice claims, with some states such as Florida making it mandatory within 120 days after medical negligence cases are filed. But what are the keys to a successful negotiation and why do some mediations end in failure? Those are among the many issues More