Posts tagged "New York"

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Dec 3, 2020
Curi Announces Next Chief Executive, Retirement of Current CEO

Medical malpractice insurer Curi recently announced that Jason Sandner will take over as its next chief executive officer on July 1, 2021, when current CEO Dale Jenkins steps down after more than 25 years of service to the company. Sandner is currently the company’s chief operating officer and chief financial officer. Jenkins will continue to […]

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Nov 6, 2020
PRI Launches New Admitted MPL Insurer EmPRO in New York

Physicians’ Reciprocal Insurers (PRI) launched EmPRO Insurance Co., a new subsidiary insurer domiciled and authorized to write medical professional liability business in the State of New York, on September 15. Wholly-owned by PRI, EmPRO is administered by PRIMMA LLC, PRI’s attorney-in-fact. Current PRI insureds will be transitioned to EmPRO when their policies renew without any […]

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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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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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May 11, 2016
New York’s Medical Malpractice Market in the Spotlight

by Michael Matray, editor of Medical Liability Monitor New York’s medical malpractice insurance market was the subject of two lengthy articles last month that examined the state’s shifting competitive landscape and the questionable finances of its second-largest insurer of medical liability, Physicians’ Reciprocal Insurers (PRI). In an article dated April 9, Politico New York primarily […]

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Jun 20, 2012
New York Med Mal Coverage

Today we are writing about New York med mal coverage and risk retention groups (RRGs). Whenever a physician asks us what are the best and worst states to practice in from a med mal coverage standpoint, we always have to mention New York as the later. Unfortunately for physicians and caregivers in New York, New […]

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May 17, 2012
Flashback: New York Malpractice Insurance Gets First Rate Increase After Two-Year Moratorium

side note: This article first appeared in the August 2010 issue of Medical Liability Monitor, the industry’s premier source for consistent, reliable coverage and fresh perspectives on medical professional liability insurance and risk management issues. To subscribe to the Monitor, please click here. On July 6, 2010, Insurance Superintendent James J. Wrynn announced the approval […]

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May 4, 2012
Recent Changes to the New York Med Mal Ins Market

Although it’s one of the largest states from the med mal ins premium point of view, New York can be a very frustrating state when looking for med mal ins. Doctors have limited choices for New York med mal ins and the state needs to see some reform in order to have a more competitive […]

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