Grimstad to Lead La. Medical Liability Insurer as President, CEO

http://www.insurancejournal.com

The Louisiana Medical Mutual Insurance Company (LAMMICO) Board of Directors elected Thomas H. Grimstad, M.D., as its new president and chief executive officer. Dr. Grimstad will succeed John E. Lemoine, M.D., effective Jan.1, 2008.

Since LAMMICO was founded in 1982, only three other physicians have led the Louisiana-based medical malpractice insurer, the company said. Prior to Dr. Lemoine, other leaders were Gerald R. LaNasa, M.D. and Robert L. di Benedetto, M.D. Dr. Lemoine will continue to serve LAMMICO as chairman of the Board, also effective on Jan. 1.

Dr. Grimstad has more than 30 years of experience in the medical industry; both as a practicing physician and LAMMICO staff employee. Prior to his hiring as LAMMICO’s senior vice president of Underwriting in 2005, Dr. Grimstad worked in the private medical practice of consultative pulmonary disease at the West Jefferson Medical Center from 1977 until 2005.

Dr. Grimstad also served as a member of LAMMICO’s Claims Committee which reviews information regarding malpractice claims made against LAMMICO insureds. He was also a member of the Risk Management Committee which reviews LAMMICO’s educational programs and provides feedback regarding physician perceptions of LAMMICO’s risk management activities.

Dr. Grimstad received a doctorate of medicine in 1973 from the Tulane University School of Medicine in New Orleans. He interned, completed a residency in internal medicine and served a fellowship in pulmonary disease at the University of Illinois in Chicago.

In addition to Louisiana, LAMMICO also provides medical professional liability insurance in Arkansas.
see original

You may also like

Legislative panel approves medical malpractice bill
Read more
Urgent-care centers: Illinois numbers grow as time-pressed families seek low-cost option to ERs
Read more
Global Center for Medical Innovation launches
Read more

Recent Posts

California Healthcare Providers, Trial Attorneys, Legislators Reach Deal to Increase MICRA Cap

Corporate Acquisitions Accelerating Surge in Employed Physicians

AM Best Maintains Negative Outlook for MPL Segment in 2022, Cites Rising Loss Costs, Increasing Severity, Diminished Reserves

Popular Posts

PIAA 2017: Current Trends & Future Concerns

2022 Medical Malpractice Insurance Rates: What the data tells us

Global Center for Medical Innovation launches

Start Your Custom Quote Process™

Request a free quote