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Latest Med-Mal Insurance News & Research

Nov 13, 2019
Healthcare Professional Liability Loss Costs Driven by Claims Severity’s Continued Rise

Healthcare professional liability loss costs continue to rise, fueled by increasing claims severity, while claims frequency remains fairly stable, according to a just-released, 14th-annual study by Zurich North America. In the 2019 Benchmark Study of Healthcare Professional Liability Claims, Zurich draws data from the more than $16 billion in losses contained in its claims database […]

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Oct 28, 2019
Why Do I Need a Medical Malpractice Insurance Agent?

There are many reasons you want to work with an agent when seeking malpractice insurance, and some are certainly more important than others. I just worked with a hand surgeon in Miami, Fla., who recently went through a personal trauma. Mired in the trauma’s distraction, he didn’t pay attention to a “missed payment” correspondence from […]

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Oct 21, 2019
How I Helped an Addiction Medicine Physician in Alaska Avoid Purchasing a Tail Policy and Fill a One-Month Gap in His Coverage

Dr. Randall Floyd called me in a bit of a panic. An addiction medicine specialist in Anchorage, Alaska, he had put off securing a replacement medical malpractice insurance policy for almost a month past the expiration of his previous policy. The medical group he was employed with had changed their corporate structure where they were […]

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Oct 7, 2019
Advising an Obstetrician/Gynecologist in Philadelphia About the Differences Between Claims-Made and Occurrence Coverage

I just got off the telephone with an Obstetrician/Gynecologist who practices in Philadelphia. I’m helping her shop her malpractice coverage and she — somewhat sheepishly — asked, “What exactly is the difference between claims-made and occurrence coverage, and which is best for me?” On the surface, this sounds like a simple question to answer, but […]

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Aug 26, 2019
How I Helped a Surgical Ophthalmologist Find New Medical Liability Insurance Coverage in Georgia After His Malpractice Insurer Went Bankrupt

It’s six a.m., and the phone is already ringing. As I put down my coffee and pick-up the telephone, I hear a frantic voice on the other end that is too fast to understand. “Sir, sir,” I interjected, “please slow down as I can’t understand you.” The gentleman took a deep breath before saying, “Sorry, […]

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Aug 13, 2019
How I Saved a General Surgeon $40k on Medical Liability Tail Coverage

A general surgeon in Savannah, Ga., recently called me in need of help with the high cost of tail coverage she was offered by her employer. She was leaving a group practice and moving out of state to take a new job. When she informed the group she was leaving, they told her she would […]

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Utah State Flag
Aug 9, 2019
Utah Supreme Court Strikes Down Portion of State’s Medical Malpractice Pre-Litigation Review Panel Process

The Utah Supreme Court last month declared a portion of the state’s pre-litigation medical malpractice review panel process under the Utah Health Care Malpractice Act unconstitutional because it violates the separation of powers doctrine. The Utah Legislature passed the Health Care Malpractice Act in 1976 to curb the perceived cost increases in malpractice insurance in […]

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New Jersey CEO happy with his medical malpractice insurance
Jul 24, 2019
How I Helped a Client in a Time Crunch Get Medical Malpractice Insurance in New Jersey

As someone who specializes in medical malpractice insurance, every day can be an exciting day as the worlds of medicine, insurance and the law all smash together — not to mention egos and hurt feelings. A great example is when I helped a company get its medical malpractice insurance in New Jersey. I had a […]

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Risk Management and Insurance word cloud
Jul 15, 2019
ENTERPRISE RISK MANAGEMENT IN HEALTHCARE: MORE THAN MANAGING INSURANCE RISKS

The Enterprise Risk Management (ERM) concept in healthcare may be familiar to some individuals and organizations, unfamiliar to others and/or perceived by still others as an overwhelming concept. Essentially, ERM is a strategy to increase the economic and noneconomic value of an organization. ERM was first implemented in the financial services sector. Since then, more […]

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