Latest Med-Mal Insurance News & Research
Study Questions Texas Medical Malpractice Tort Reforms
A new study of call into question the commonly held belief that Texas’s 2003 tort reform not only lowered medical malpractice insurance premiums, but also attracted an influx of doctors to serve the state’s more rural patients The 2003 Texas tort reforms are legendary in medical malpractice insurance circles. At the heart of the reforms […]
Part 1: As hospitals acquire physician practices, Texas agent sees opportunity
Editor’s note: Today’s blogpost is the first of a three-part series on how a successful medical malpractice insurance agent views the future of the market and the broker’s role within it. The article it originates from was initially published in the April 2012 issue of Medical Liability Monitor, the industry’s premier source for consistent, reliable […]
Maryland Hospitals Recommend Medical Malpractice Lawyers to Patients
I just finished reading an article titled, “Malpractice Lawyer Recommendations Come from Unlikely Source: Hospitals.” In the article, the journalist recounts the case of Ada George’s thyroid treatment gone wrong in a Maryland hospital. During the course of treatment, the woman was brain damaged and is currently comatose. The hospital apologized and offered compensation twice. […]
Med Mal Lawsuits' Emotional Impact on Surgeons
We all know that med mal lawsuits have a huge impact on physicians. They can be extremely expensive, both in terms of cost for litigation and payouts and also because they frequently result in higher liability insurance costs. They also cost a lot in terms of a physician’s time. But, a more difficult cost to […]
Florida Lawmakers Sponsor Bill to Stabilize Medical Malpractice System
The medical liability climate in Florida is a mess. Medical malpractice insurance in Miami’s Dade County is more expensive than any other in the nation, and the high cost of medical malpractice premiums influence too many doctors in the Sunshine State to choose to practice bare, without any liability insurance coverage at all. Add the […]
A Review of Damage Caps & Med Mal Exposure
Several states this year explored the possibility of placing damage caps on med mal damages, including Florida, Oregon and Virginia. A recent article in Claims Journal asked, “Can Damage Caps Limit Medical Malpractice Exposure?” The article reviews several sources of information that point to such a limit when damage caps are in place. The article […]
Top 5 Reasons a Local Med Mal Agent is Not for You
While we here at MyMedicalMalpracticeInsurance.com like to think globally and act locally as often as possible, it is not the best practice for physicians to go with their local med mal agent. Here are our Top 5 reasons why physicians should not use a local med mal agent, and instead, should use a nationally-known med […]
AZ Lawmaker Wants to Amend Constitution to Impose Damage Cap
side note: Conservative Arizona lawmakers are trying to remove obstacles that forbid the General Assembly from imposing caps on the amount of money recoverable for non-economic and punitive damages. Those obstacles are Article 2 sec. 31 and Article 18 sec. 6 of Arizona’s constitution, which specifically prohibit limiting recoverable damages. In short, the two articles […]
Texas Tort Reform Doesn't Lower Cost of Healthcare; Does Lower Cost of Medical Malpractice Insurance
side note: Consumer advocacy group Public Citizen recently released a study that analyzed data from Texas, which in 2003 imposed some of the strictest liability caps in the country. While medical malpractice litigation plummeted dramatically since the caps were imposed, residents of Texas are still paying as much for healthcare as any other state in […]
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