Latest Med-Mal Insurance News & Research

Jun 13, 2019
A.M. Best Cites Underwriting, Reserving Pressures for Maintaining Negative Medical Professional Liability Outlook

The U.S. medical professional liability (MPL) insurance segment continues to produce favorable results, with better-than-average profitability for more than a decade. However, according to a new A.M. Best Special Report, the MPL market remains pressurized, resulting in a longterm trend of declining premiums, rising underwriting ratios and diminishing reserve redundancies. The Best’s Market Segment Report, […]

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May 7, 2019
Trump Administration Fiscal-Year 2020 Budget Proposal Estimates $31.5 Billion in Savings from Hypothetical Medical Liability Reform

In March, the Trump Administration unveiled its Fiscal-Year 2020 budget proposal, outlining the President’s tax and spending priorities for the next decade. While the president’s budget proposal is simply a request with no binding authority on Congress, it is best understood as a detailed statement by the administration of its fiscal goals and policy preferences. […]

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Doctor's reviewing claim data
Apr 16, 2019
Coverys Red Signal Report Details Evolving Risks of Primary Care

For primary care physicians, diagnostic errors are the leading type of malpractice claim, accounting for the highest proportion of indemnity paid, according to a just-released Primary Care Red Signal Report from Coverys. The analysis of primary care claims is the second in a planned series of claims-trend reporting intended to identify risks and illuminate safety […]

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Mar 11, 2019
2019 MPL Association Conference to Convene in Portland, Oregon, May 15-17

The MPL Association, the organization representing the medical professional liability (MPL) insurance community, issued a reminder that its annual Conference will take place May 15-17 at the Marriott Portland Waterfront Hotel in Portland, Ore. The Conference is open to both MPL Association members and non-members. The Association also noted that advance registration for the 2019 […]

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Annoyed doctor
Jan 25, 2019
Increased Physician Burnout Challenging U.S. Healthcare System

Physician burnout impacts every aspect of healthcare delivery — quality, safety, cost and human resource. And physician burnout is on the rise — with almost 55 percent (up from 45 percent in 2011, according to one study) of all doctors currently reporting diminished professional satisfaction and an increase in emotional exhaustion. The term “physician burnout […]

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Nov 30, 2018
Quarterly Analysis of the Medical Malpractice Insurance Industry

Watch Episode 1 here. Our new Healthcare Matters series will take a deep dive into the financials of the medical malpractice insurance industry for each financial quarter. Episode 1 takes a look at the second quarter of 2018. Discussing the financials of Q2 of 2018 is Eric Wunder, a consulting actuarial at Milliman Inc. Mr. […]

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Nov 8, 2018
MLMIC Completes Demutualization, Acquisition by Berkshire Hathaway

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 […]

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Oct 29, 2018
Rural Hospitals Are Closing at an Alarming Pace

There is an interesting article in the New York Times titled A Sense of Alarm as Rural Hospitals Keep Closing that looks at a growing trend happening in the hospital space.  Rural hospitals are closing their doors and this is affecting Americans all over the country.  Some of the eye-opening facts in the article: Since […]

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Aug 27, 2018
Family of Prince files lawsuit in MN against doctor, Walgreens and hospital system

The family of Prince has filed a medical malpractice lawsuit against a doctor in which the family feels he failed Price by failing to treat his opioid addiction and providing him with narcotics without a proper prescription. The Minnesota lawsuit also names the physician’s former employer, North Memorial Health, Walgreens and UnityPoint Health as defendants.  […]

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