Articles posted by Michael Matray

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Dec 3, 2020
Curi Announces Next Chief Executive, Retirement of Current CEO

Medical malpractice insurer Curi recently announced that Jason Sandner will take over as its next chief executive officer on July 1, 2021, when current CEO Dale Jenkins steps down after more than 25 years of service to the company. Sandner is currently the company’s chief operating officer and chief financial officer. Jenkins will continue to […]

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Jun 8, 2020
A.M. Best Maintains Negative Outlook on Medical Malpractice Insurance Segment for 2020, COVID-19 Outbreak Exacerbating Challenges for Insurers

The U.S. medical professional liability (MPL) insurance segment experienced a notable deterioration in underwriting results in 2019. The already dim prospects for the segment’s profitability have been clouded by COVID-19, with uncertainties regarding impacts to loss costs as well as premium refunds and the ability to put planned rate increases into effect, according to a […]

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May 8, 2020
Is the Federal Government Doing Enough to Support the Independent Medical Practice During the COVID-19 Crisis?

America’s independent physician practices face unprecedented, devastating financial losses due to the COVID-19 pandemic, reporting, on average, a 55 percent decrease in revenue, and a 60 percent decrease in patient volume, since the beginning of the COVID-19 crisis. “New MGMA data show that 97 percent of medical group practices have experienced a negative financial impact […]

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Oct 6, 2017
PIAA Responds to Washington Post Article Critical of Its Involvement in Tort Legislation

On Aug 1 2017, The Washington Post published an article, “In Trump Era, Lobbyists Boldly Take Credit for Writing a Bill to Protect Their Industry,” which assailed PIAA — the insurance industry trade association that represents a range of entities doing business in the medical professional liability arena — for its involvement in drafting the […]

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Jun 20, 2017
PIAA 2017: Current Trends & Future Concerns

Amidst Healthcare Uncertainty, PIAA 2017 Medical Liability Conference Focused on Current Challenges, Future Concerns Hosted at the Broadmoor Hotel in Colorado Springs, Colo., with the backdrop of a Republican plan to repeal and replace the Affordable Care Act stalled between the U.S. House and Senate, the 2017 PIAA Medical Liability Conference convened from May 17 […]

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Apr 4, 2017
Are Federal Caps on Noneconomic Damages Possible Under a Republican Government?

Federally capping noneconomic damages in medical malpractice verdicts has been the Holy Grail of medical professional liability tort reforms since the first medical malpractice insurance crisis in the 1970s. During that period, states like California passed noneconomic (pain-and-suffering) damage caps as part of more comprehensive medical liability tort reform packages. These caps offered the medical […]

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Feb 28, 2017
Group Supports Administrative Compensation System in Tennessee

Patients for Fair Compensation Continues Push for Administrative Solution to Medical Malpractice Claims in Tennessee Patients for Fair Compensation is making another push to change the way medical professional liability claims are adjudicated against physicians in Tennessee. The state’s medical association, trial bar and largest insurer of physician liability are saying, no way. Founded in […]

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Jan 27, 2017
Two Percent of Physicians Responsible for Half of Malpractice Payouts

If 2% of Physicians Are Responsible for Half of Malpractice Payouts, How Should We Intervene with These Outliers? Last month, the Journal of Patient Safety published “The Detection, Analysis and Significance of Physician Clustering in Medical Malpractice Lawsuit Payouts,” an analysis of data from the National Practitioner Data Bank (NPDB) that indicates only 1.8 percent […]

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President-Elect Trump
Dec 14, 2016
Special Report: The Future of the Medical Professional Liability Industry and the PPACA under a Trump Administration

The Future of the Medical Professional Liability, Patient Protection & Affordable Care Act Under a Trump Administration Having weathered two Supreme Court challenges and more than 60 repeal attempts by a GOP-controlled Congress, it was the 2016 election that ultimately handed the Republican Party the ammunition it needs to neuter the Patient Protection & Affordable […]

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