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 […]

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 […]

What do you find the most frustrating part of patients who are no-shows? Is it the lost revenue? The waste of your and your staff’s time? Is it the worry about potential medical malpractice liability? Physicians Practice recently had a good article on the topic of patient no-shows. While no-show volume varies practice to practice, […]

Over the last decade we have seen a boom in medi-spas. And, with the recent down-turn in the economy, it has become harder and harder for many medi-spas to continue to generate the large profits they once saw. As a result, many medi-spas are trying new therapies to bring in new clients, trying to make […]

Richard E. Anderson, MD, FACP, the Chairman and CEO of The Doctors Company, recently appeared on Healthcare Matters to discuss his views on the problem of defensive medicine. In the first of a series of videos, Dr. Anderson defines defensive medicine as “A test, procedure, or therapy that is ordered by a physician primarily to […]

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 […]

Growth is great in your medical practice. Growing pains are not. The agents at MyMedicalMalpracticeInsurance.com place physician liability insurance coverage for new doctors being added to medical practices on an almost daily basis. And, here are three key points that should always be discussed by both parties when going through this transition. 1. Employee versus […]

Every day at MyMedicalMalpracticeInsurance.com we are asked to explain the different features of the types of med mal policies available. Today, we’d like to discuss one aspect of the claims-made policy. It is the claims-made step rate premium increases from year 1 to year 5 (or maturity). If you are unprepared for these rate increases, […]

Dr. Smith happily joined a new practice on Jan 1. On Feb 1, he received a letter from his previous medical malpractice insurance carrier saying that his previous employer would not purchase his tail coverage for that practice. He is now facing a gap in coverage and is responsible for finding his own tail coverage. […]