Archive for the 'Industry Updates' Category

Aug 09 2010

Norcal Mutual Advocates Early Reporting of Medical Malpractice Insurance Claims by Physicians

Published by Presidio under Industry Updates

Norcal Mutual Advocates Early Reporting of Medical Malpractice Insurance Claims  Norcal Mutual Insurance Company recently stressed its position of early claim reporting by its medical malpractice insureds. “NORCAL Mutual continually stresses that there is no penalty for early reporting of incidents. Early reporting means we can put the insured at ease and confirm that the [...]

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Jul 18 2010

Presidio Insurance offers HCG Weight Loss Program Malpractice Insurance Coverage

   hCG, or human chorionic gonadotrophin is a glycoprotein hormone produced in pregnancy. During pregnancy, the placenta produces hCG which allows the body to mobilize fat and use it as energy for both mother and fetus.     Performed within Alternative Medicine Practices, although the process appears harmless (and reportedly has has little to no side effects), within a [...]

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Jun 02 2010

New Regulation for California Medical Doctors

Published by admin under Industry Updates

Effective June 27, 2010, a new regulation, mandated by Business and Professions Code section 138, will go into effect requiring physicians in California to inform their patients that they are licensed by the Medical Board of California, and include the board’s contact information. The information must read as follows. NOTICE TO CONSUMERS Medical doctors are [...]

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Apr 27 2010

Oregon Medical Malpractice Insurance Continues To Decrease

Published by admin under Industry Updates

The major insurers have reduced their rates an average of 20% over the last five years. 2010 is continuing the trend as two professional liability carriers have recently announced lower rates effective April 2010. The Doctors’ Company has announced an average rate decrease of 5.1% while Medical Protective has announced an overall premium decrease of [...]

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Jan 07 2010

Medical Protective Insurance Company Looking to Expand Presence in Oregon

Published by admin under Industry Updates

Rumor has it Medical Protective may be lowering insurance rates and/or offering discounts in Oregon.  In an effort to lure prospective physician clients away from traditional insurers such as CNA and Northwest Physicians Mutual (now owned and operated by The Doctors Company), Medical Protective is considering lowering rates for specified medical specialties. With our newly [...]

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