John Torosian

6 Types of Medical Professionals That Should Consider Occurrence Coverage

Young Doctors Flexibility for changes that will affect their career Easy to change coverage in case of selling practice, moving out of state or joining a hospital No tail coverage necessary Recruiters More convenient for large groups that have changes in rosters Doctors who leave the group are covered for their time when they worked …

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Professional Liabilty Insurance for MediSpas

Medical Spas, or MediSpas, require unique insurance coverage because they are a part of both the medical and beauty industries. Due to their unique situation, MediSpas need both a Business Owners Policy and malpractice insurance coverage. A BOP is necessary to protect the company from liability from day-to-day operations while malpractice insurance provides coverage for …

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Occurrence and Claims-Made Insurance Policies: What’s the Difference?

Claims-Made Claims-made coverage responds to claims based on when the claim is made against an insured. For example, if a claim is made in 2012, based on treatment rendered in 2010, the 2012 claims-made policy responds, as long as the incident occurred after the policy’s retroactive date. The policy’s retroactive date is the date after …

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Why Doctors in Hawaii Should Take a Closer Look at MedPro

Who is MedPro?              For most doctors, facing a claim is not a matter of “if” but a matter of “when”. As such, medical malpractice insurance should be considered a commodity. MedPro is a leader in the medical malpractice insurance industry with over 200,000 doctors insured today. A Berkshire Hathaway company, MedPro has …

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Walmart Offering Telemedicine Visits to Employees for $4

In an effort to increase employee’s use of telemedicine, Walmart has recently reduced the cost of telemedicine visits for its employees by 90%, from $40 to $4. With these low costs, Walmart is hoping to convince the over a million employees enrolled in Walmart’s Associates’ Medical Plan, to begin using telemedicine more frequently.     …

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What Kind of Insurance Does Your Cannabis Business Need?

What Kind of Insurance Does Your Cannabis Business Need? The legalization of marijuana for recreational and medical use has prompted many entrepreneurs to venture into the cannabis industry, because of the potential for high profits and room for small businesses in the industry. One issue that these new business owners have encountered is the confusion …

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