Medical malpractice insurance is vital for any individual or entity practicing in the healthcare sector. This can include anyone from doctors, nurses, dentists, therapists, hospitals, and clinics. In most states, it’s a legal necessity for physicians to carry malpractice insurance, although the amounts of required coverage can differ. Furthermore, hospitals typically mandate that physicians and […]

In the complex world of healthcare, medical malpractice insurance serves as an essential safeguard for professionals. Understanding the different types of policies available is crucial for ensuring adequate coverage. What Are The Differences in Medical Malpractice Insurance Policy Types? Medical malpractice insurance policies come in various forms because they are designed to cater to the […]

side note: This is our annual write-up of all that happened at this year’s Medical Professional Liability Industry’s largest conference. What happens here drives changes to the medical malpractice insurance environment over the next 365 days. The Annual Conference of the Medical Professional Liability (MPL) Association took place at the Roosevelt Hotel in New Orleans, […]

Stakeholders in the decades-long battle over California’s noneconomic damages cap for medical liability jury verdicts announced they have reached a compromise between healthcare, legal and consumer advocates on legislation to modernize the Medical Injury Compensation Reform Act (MICRA). Signed into law in 1975, MICRA established a $250,000 cap on medical malpractice awards for things like […]

AM Best maintained its negative outlook for the U.S. medical professional liability (MPL) insurance segment in 2022. In a Market Segment Outlook published recently, the global credit ratings agency cited the ongoing pressures of a depressed demand, rising loss cost trends, an increase in high-severity claims, social inflation and diminishing reserve redundancies as justification for continued […]

The 2022 Q3 #1 State Update can be found here. Missouri Considers Shrinking its Personal Injury Statute of Limitations Legislators in both chambers of the Missouri General Assembly are currently debating bills to shrink the state’s statute of limitations for personal injury claims from five to two years. Only Maine and South Dakota have longer […]

A growing number of state medical boards have been pushing back against the minority of healthcare professionals spreading dangerous COVID-19 disinformation and prescribing unproven coronavirus treatments. They are increasingly meeting resistance from conservative lawmakers. “Physicians who generate and spread COVID-19 vaccine misinformation or disinformation are risking disciplinary action by state medical boards, including the suspension […]

Iowa House Advances Bill with Hard Noneconomic Damage Cap The Labor Committee of the Iowa House of Representatives advanced legislation recently intended to combat the state’s worker shortage by reforming unemployment and tort laws. The bill is divided into two sections: one relates to unemployment insurance and the other would create a $1 million hard […]

Our take: The data in this expansive report shows us that we should continue to see medical malpractice insurance rates increase over the next 12-16 months. This is not great news for doctors and other healthcare providers as they will likely see their premiums rise. We expect to see an increase in physicians shopping their […]