Apr
27
2010
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 [...]
Oct
23
2009
Medical Protective (part of the Berkshire Hathaway group of companies) is reintroducing the Occurrence coverage form in many states, including those in the west. Occurrence form used to be the only coverage form prior to the crisis in the medical malpractice insurance industry in the 1980′s. Essentially tail coverage or extended reporting coverage is built [...]
Dec
12
2008
Medical Protective recently announced that effective immediately, credit card and electronic payments will be accepted for premium payments for individual physicians and groups in California! Med Pro will not asses additional charges for payments made using either of these two new options. All of the customary payment plans will still be available and of course those [...]
Nov
05
2008
An excerpt from the November 1st, 2008 letter by Medical Protective President and CEO Tim Kenesey… Over the last couple of months – in light of the Wall St. meltdown, widely reported bank and insurance failures and weaknesses, and the related implications to the medical malpractice insurance industry – many healthcare providers have asked: “Is [...]