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Latest Med-Mal Insurance News & Research

Mar 26, 2020
The Doctors Company: COVID-19 FAQ

Last updated 3/26/2020 We know how busy everyone is during the Covid-19 pandemic, and we want you to know that we are making all information available to our clients as soon as we receive it. Please bookmark or periodically check this page to receive any updated information regarding how The Doctors Company is handling this […]

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New York State
Feb 12, 2020
New York Gov. Andrew Cuomo Proposes New Physician Oversight Rules

New York Gov. Andrew Cuomo last month announced a proposal for strengthening the oversight of physicians and other medical professionals to better protect patients as part of his State of the State agenda. Cuomo proposed a comprehensive set of reforms to ensure that the Department of Health’s Office of Professional Medical Conduct has adequate and […]

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Jan 7, 2020
Why Do I Need a Medical Malpractice Insurance Broker When Seeking Medical Director Insurance?

I recently had a lengthy discussion with a general surgeon from New Jersey, who was offered a medical directorship at a surgical center in Manhattan, N.Y. He explained that the surgical center would not provide his medical malpractice insurance and, therefore, would need to secure his own coverage. When he called his current insurer, they […]

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Dec 16, 2019
Is New Mexico’s Compensatory Damage Cap the Next to Fall?

Arguments in favor of and against New Mexico’s medical malpractice compensatory damage cap were made last month, and now the question as to whether it is constitutional rests in the hands of five justices on the state’s Supreme Court. The compensatory cap limits economic and noneconomic damages, but not medical costs or punitive damages, to […]

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Dec 9, 2019
How I Found Medical Malpractice Insurance Coverage for a California Psychiatrist with His License in Probationary Status

Dr. Samuel Smith, a psychiatrist in California, contacted me on a recent Monday in a bit of a rush. He was joining a new medical group the following week and they were trying to add him to their group’s medical malpractice insurance policy with their standard carrier. However, the medical malpractice carrier denied him coverage […]

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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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