Jun
09
2011
AM Best the insurance rating service has rated Norcal Mutual Insurance company “A” (excellent-stable). This is the 28th consecutive year Norcal has maintained this excellent rating. Physician policyholders can rest assured Norcal continues to reflect the stability and strong operating performance we have all come to expect. We would be happy to review your current insurance [...]
Nov
14
2010
The California Medical Association defines an ACO as “a collection of physicians who join together to coordinate care, share clinical information and report on quality measures.” A key part of healthcare reform, ACOs are intended to improve the quality of patient care. In theory this improvement may translate to improved claims experience (e.g. fewer and less [...]
Nov
09
2010
Joining other medical malpractice insurers like The Doctors Company, NORCAL Mutual now offers a new, free coverage enhancement that will protect policyholders from information, computer and network risk. Effective Jan. 1, 2011, DataShield™ provides substantial protection from the growing risks associated with information technology and patients’ personal health information. It will be added to the [...]
Nov
02
2010
Norcal declared a 2011 dividend, which will be returned to policyholders in the form of premium credits to eligible individual physicians, medical groups and healthcare facilities. The 2011 dividend equates to approximately 10 percent of eligible policyholders’ 2010 premiums. Norcal has advised us eligibility for the 2011 dividend will be based on the following: Policyholder [...]
Oct
26
2010
The California Department of Insurance has issued their annual report outlining the market share and written premiums of insurers writing medical malpractice insurance policies in California. This is closely watched data as the failure rate for medical malpractice insurance companies is among the highest in the insurance industry. The failure rate for companies looking to participate [...]