Ambest, the 109 year old credit rating agency for this industry, has pronounced and affirmed the financial strength of The Medical Protective Company, based in Fort Wayne, Indiana, granting them an AA+ rating as an insurance provider. They further state that the company’s financial strength and credit rating are both stable. Such a rating is …
As of December 18, 2008, helping someone in need just became risky and complicated. In a split decision, the California Supreme Court determined that if you attempt to render non-medical assistance to someone (even if as part of a rescue attempt,) you can be held personally liable for any injury that the victim may claim …
CA Supreme Court Ruling Effectively Overturns Good Samaritan Law Read More »
Physicians Reciprocal Insurers (PRI) is amongst the malpractice insurance companies which are streamlining their operations, in efforts to maintain and lower professional malpractice insurance for healthcare professionals. PRI has consolidated their offices, and plans to move their headquarters into a rennovated and re-engineered 100,000 square foot facility in ROslyn, NY by the end of this …
Insurance Companies Streamlining to Lower Premiums Read More »
President-Elect Obama’s transition team put out a broad emailing, inviting people to hold meetings within their community, to talk about their problems and concerns, and to brainstorm solutions to their current situations and circumstances. This unprecedented action is being spearheaded by Senator Tom Daschle, who has been designated as the Secretary of Healthcare Reform for …
Obama’s Transition Team Invites Public Comment on Healthcare Reform Read More »
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 …
Medical Protective strives to provide physicians and dentists with medical and dental malpractice insurance solutions. The company recently recognized a demand for more coverage options than currently provided through standard Medical Protective products, specifically with respect to the needs of doctors presenting non-standard or unique risks which do not fit standard guidelines. To meet this …
Three years ago, Illinois became the 36th state to have limits on medical damage awards. This has been a very good thing for the people of Illinois, who were losing physicians in droves, because they could save $100,000 a year in malpractice insurance simply by moving to one of the surrounding states that had caps …
A woman in Illinois has filed suit against her physician, claiming that she was not properly informed and could not, therefore, give true consent, even though she signed the consent forms. Her condition involved a leaky heart valve. The surgery performed included installing a device, which the patient had consented to. The patient experienced inflammation …
Nevada is amongst about a dozen states which voted in new Tort Reform. This is to say, they’ve made laws that refine and define, and limit how much may be awarded, and who must pay, in the case of a malpractice judgement. The Nevada changes are good news for everyone. The physicians and their Professional …
The Doctors Company, a leading national medical malpractice insurer has made the process of obtaining coverage for drug trials easier for their policyholders. Existing Doctors Company policyholders participating in clinical trials that are approved by an Institutional Review Board (IRB) will now benefit from automatic liability coverage. Beginning January 1, 2009 in California, Colorado, Florida, …
The Doctors Company© Provides Automatic Drug Trial Coverage Read More »
