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Alaska Medical Malpractice Insurance

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Cunningham Group is here for Alaska Physicians & Medical Professionals

We are Medical Malpractice Insurance Specialists helping physicians, medical professionals and medical groups across specialties get medical malpractice coverage at cost-effective rates – as well as providing valuable tools and resources.

EXPERIENCED
Founded in 1947, our experienced liability specialists will customize a policy to the specific needs of you and your practice.
PHYSICIAN DISCOUNTS
Get all the physician discounts you are entitled to, including: Risk Management, Claims-free and New to Practice.
PRIOR ACTS COVERAGE
We ensure you receive Prior Acts, so you avoid purchasing separate tail malpractice coverage.
HISTORIC MED-MAL RATE DATA
We publish historic rate data for every county in the State, in partnership with the Medical Liability Monitor – the nation’s leading independent source of Medical Liability Insurance and healthcare industry news.
FREE TOOLS & RESOURCES
Access to ALL MD, our network of Connecticut healthcare defense lawyers. Free Practice Tools, including Online Patient Satisfaction Survey System and Risk Management tools.
CUSTOMER SERVICE
Experience excellent customer service with our dedicated account team.

Cunningham Group Has You Covered

On average, Cunningham Group saves Physicians and Medical Professionals 20% on their medical malpractice insurance.

2017 Alaska Malpractice Insurance Marketplace Guide

Alaska Med-Mal Fast Facts

  • Most Common Limits of Liability: $1 million/$3 million
  • Major Malpractice Insurers:
    • Medical Ins. Exchange of CA
    • NORCAL Mutual Insurance Co.
    • Lexington Insurance Co.
    • American Casualty Co of Reading PA
    • Continental Casualty Co.
  • Cost of Medical Malpractice Insurance: Moderate

The Alaska Malpractice Landscape

Premiums for Alaska physicians are very moderate, with doctors in the Last Frontier state paying about one-quarter as much as similar physicians in the five most expensive states. Much of this is due to the Alaska state legislature, which has passed many forward-thinking reforms to the state’s medical liability system. These reforms include founding the Medical Indemnity Corp. of Alaska (MICA) in 1975 to serve as a non-profit state agency with the mission of making medical malpractice insurance coverage available to all Alaska physicians. Originally, a mandate was included requiring all Alaska physicians to obtain insurance through MICA, but the mandate was rescinded a few years later and other insurers have since entered the market.

Tort Reform in Alaska

Since the initial reforms in 1975, Alaska has continued to pass important reforms, including the 1997 Alaska Tort Reform Act. Also known as HB 58, this Act capped the dollar amount of awards for punitive and noneconomic damages, limiting the award for injury or death to the greater of $400,000 or the injured person’s life expectancy in years multiplied by $8,000, with limits of $1,000,000 or the person’s life expectancy in years multiplied by $25,000 in cases of permanent physical impairment or severe disfigurement. The act also revised the state’s liability allocation system from joint and several to several and created a 10-year statute of repose (actions for wrongful death must be brought within two years).

In 2005, the Alaska legislature further tightened damage caps through the Alaska Medical Injury Compensation Reform Act, setting the cap to $250,000 in cases where the injury is determined to be less than 70 percent disabling. For injuries resulting in death or that are 70 percent or more disabling, the caps remain at $400,000.

Does Alaska have...

  • Damage Caps? Yes, punitive and noneconomic damages are set at $250,000 for most injuries, and are capped at $400,000 in cases of death or injury that is 70 percent or more disabling.
  • Patient Compensation Fund? No
  • Apology Law? No
  • Collateral Source Reform? Yes, collateral sources are considered after an award has been rendered.
  • Periodic Payments? Permitted, but not required.
  • Joint Liability Reform? Yes, Alaska defendants are only responsible for their proportionate share of negligence.
  • Limits on Plaintiff Attorney’s Fees? No

Medical Malpractice Rates in Alaska

Overview

Medical malpractice premiums in Alaska are reasonable, with physicians paying much lower rates than in many states. Even specialists like obstetricians can find premiums at $50,000 or less per year in the Last Frontier State.

Get Historic Rates

By combining our efforts with those of the Medical Liability Monitor – the nation’s leading independent source of Medical Liability Insurance news, as well as the political, legal and risk management issues that affect the healthcare industry – we’ve published historic rate data for every county in the Last Frontier State. You can view all the rates by completing the three simple steps on the left of this page. You’ll find the insights offered by this information invaluable when making your decision on your medical malpractice insurance coverage and carriers. This is only one of the many reasons that Cunningham Group Insurance has become the preferred online source for Alaska physicians, healthcare professionals and medical groups looking to find the best coverage and lower their medical malpractice insurance rates.

Coverage by Alaska County

Rather than counties, Alaska is divided into 19 organized boroughs and one unorganized borough (which includes about half the state’s landmass, but only 13 percent of its residents). The 19 organized boroughs are roughly equivalent to counties in other states, with the most populous being the Municipality of Anchorage and the Fairbanks North Star Borough. Malpractice rates are the same throughout all 20 divisions of the state.

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