Medical Industry
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Adopting the best practices in telemedicine
The best practices in observing coverage, compliance and communication for telemedicine are still being developed, but many have already proven their worth in the fast-changing industry. More
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How can geography help in telemedicine practice success?
The foundation for operating a successful telemedicine practice while minimizing risk is as simple as a junior high school geography test — know your states. More
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What is telemedicine?
The widely accepted definition of telemedicine is the delivery of healthcare at a distance, a term that is often used interchangeably with telehealth, which is the delivery of health-related education using technology. More
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Recent amendments further protect the health industry from COVID-19 medical malpractice cases
As COVID-19 cases continue heading toward a third calendar year, and diagnosis and treatments continue to evolve, the expectations of a high volume of malpractice cases has not come to fruition due to enhanced protection from state attorney generals and governors, along with previous protection from the Public Readiness and Emergency Preparedness (PREP) Act. The More
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Arizona Supreme Court decides expert testimony is required for medical malpractice cases
A late summer decision by the Arizona Supreme Court has drastically changed the way the state perceives medical malpractice cases when they ruled that all medical malpractice lawsuits which involve unclear cases of injury or death cannot proceed without relevant sufficient expert witness testimony delivery guidance for jurors. The original case was nearly a decade More
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Keeping Current with COVID and Medical Malpractice Insurance
As the Covid Delta variant represents the latest form of the evolution in the COVID pandemic, the status of how states are handling COVID malpractice cases are evolving, as well. COVID Medical Malpractice Lawsuits? Once thought to be a possible litigation trend when the covid pandemic first began, the litigious part of the pandemic has More
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How Will Pricing Inflation Affect Medical Professional Liability Insurance?
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
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Chubb Survey: Medical Data Vulnerabilities Going Unnoticed, Except Covid-19 Vaccinations
more commonplace in the past year, especially as it relates to the COVID-19 vaccine. Chubb’s Fourth Annual Cyber Risk Survey examined how the evolving conversation about medical data and vaccines changed Americans’ cyber exposures, along with the comprehension of the risks, the steps they are taking to protect themselves and where any gaps still exist. More
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New Mexico Maintains and Expands Caps on Medical Liability Insurance Cases
In one of the most visible and possible influential medical malpractice rulings this year, the New Mexico Supreme Court maintained legislation on medical liability caps, which increased the limit from $600,000 to $750,000 as the new individual cap on non-economic damages. “I do not know if it will have national repercussions since it is a More
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Covid Pandemic Was Right Medicine for Cannabis Market, Report Shows
The global medical and recreational cannabis market, estimated at $19.89 billion in 2021, according to Quince Market Insights and projected to grow at a compound annual growth rate of 27 percent from 2021 to 2030, was helped greatly by the pandemic, with a Veriheal survey showing a positive correlation between the uptick in demand for More
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ProAssurance CEO Sees NORCAL Acquisition As Win-Win
Since becoming chief executive officer of ProAssurance in July 2019, Ned Rand and his executive team have managed to reduce operating costs by nearly $20 million while continuing the company’s efforts to scale up. The Birmingham, Ala.-based company has made five strategic acquisitions since 2009, with the latest being the NORCAL transaction for $441 million, More
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Skyward Specialty Insurance Group is ready to quote
Skyward Specialty Insurance Group, Inc. has announced that it is ready to begin quoting business to its partners. Skyward Specialty, which is one of the bigger names in the specialty property and casualty insurance market, had previously stated that it intended to enter the Healthcare Professional Liability business. Initially, all underwriting will be primarily concerned More
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