NORCAL

Norcal has AM Best Rating of A (excellent stable)

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 …

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Accountable Care Organizations Lowering Risk and Rates

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 …

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NORCAL Mutual Announces DataShield™ — Free Coverage

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 …

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Norcal Mutual Announces 2011 Dividend for California Insureds

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 …

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California Medical Malpractice Insurance Rankings Published

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 …

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OB/GYNs face obstacles in medical malpractice insurance for Laser Vaginal Rejuvenation

 Declining reimbursement in traditional OB/GYN practices has pushed many OB/Gyns to broaden their practice to include specialized, aesthetic procedures to bring in extra revenue.  Among those procedures commonly being considered by OB/GYNs, is laser vaginal rejuvenation.  This raises the issue of medical malpractice insurance coverage and whether special coverage is needed to insure physicians for performing …

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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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