Medical News and Medical Liability Conference
With the onset of the COVID-19 pandemic, it has slowed down medical malpractice lawsuits; however, certain medical practices attract more malpractice lawsuits than other practices. Recently, the 2021 Medscape Malpractice Report identified the specialties most likely to be sued for malpractice. The report was generated from a survey of over 4,350 doctors in nearly 30 More
The highly anticipated midterm elections in November 2022 will have even more impact in the state of California, as residents will vote to increase the caps on medical malpractice lawsuits, a law that was signed into law nearly 40 years ago by then-governor Jerry Brown in 1975. The law caps medical malpractice lawsuit awards to More
As society returns to normal after two years of pandemic-induced quarantine, the return to civil lawsuits in medical malpractice cases has experts wondering about the impact of a new type of jury, one which has heightened awareness of medical conditions and patient responsibilities of health care providers and medical practices. Conventional wisdom states that juries More
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Caps on monetary judgements from medical malpractice lawsuits may seem like random state laws with no correlation to each other. However, upon further examination, there are regional and industry trends that make these regulations more related than random. Cap Consciousness As of November 2021, there are 29 states that currently have enacted tort reform laws More
National specialty insurance brokerage and risk management firm Risk Strategies acquired Danna-Gracey, a specialist in medical malpractice insurance headquartered in Delray Beach, Fla. Terms of the deal were not released. Danna-Gracey is the largest independent medical malpractice insurance agency in Florida dedicated solely to insurance coverage placement for doctors and other health care providers. In More
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As pricing inflation in 2021 enters all spheres of the American economy, from consumer goods to real estate and everything in between, many in the insurance industry are asking, “How is this going to affect pricing with professional liability insurance?” The answer isn’t that simple, as a wide range of liability policies have already been More
Fair American Insurance and Reinsurance Company will make changes to its Psychiatrists Professional Liability Program in the 4th Quarter of 2021, pending various state regulatory body approvals. The company will make revisions under its Entity Coverage for this program, spurred on by recent actuarial and underwriting data, as well as a response to similar offerings More
ProAssurance Indemnity Company, Inc., introduced two new endorsements on April 1, targeting independent contractors. These endorsements are new and will be intended for use with the carrier’s Healthcare Professional Liability Program, as well as for use with its Ob-Gyn and MDVIP purchasing groups. ProAssurance will aim to bring these new coverage options to New Jersey. More
Berkshire Hathaway Specialty Insurance Company (BHSIC) will expand the reach of its dental professional liability program, introducing a new offering in the coming weeks. The new program, dubbed Professional Protection – Dental Malpractice Liability, will be introduce in Texas on approval from state regulators. This new program will target a range of dental classes and More
Coverys company ProSelect Insurance Company will introduce new increased limit factors for its allied healthcare and dentist classes of business in Texas in the coming weeks. The carrier is prepping an effective date of these new limits for Feb. 1, 2021 in the Lone Star State, pending approval from state regulators. Currently, ProSelect’s limits under More
AIG will introduce a new cyber endorsement for use with its CyberEdge program in the coming weeks under subsidiaries American Home Assurance Company, Granite State Insurance Company, Illinois National Insurance Co., National Union Fire Insurance Company of Pittsburgh, Pa. and New Hampshire Insurance Company. This cyber security endorsement will be optional and is tentatively scheduled More
