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 […]

Note: The article below first appeared in the June 2013 issue of the Medical Liability Monitor, a monthly newsletter reporting on the medical professional liability insurance and risk management industries. For subscription info, please visit www.medicalliabilitymonitor.com. In a rapidly evolving marketplace, it’s critical for a company to know what it stands for and what drives […]

MLMIC Insurance Co. announced last month the completion of its conversion from a property-and-casualty mutual insurance company to a property-and-casualty stock insurance company and the finalization of its $2.5 billion acquisition by National Indemnity Co., a subsidiary of Berkshire Hathaway Inc. The conversion and acquisition followed a September 6 approval by the Superintendent of the […]