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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
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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
Sherry Karabin