The Doctors Company Awarded Exclusive Endorsement of Los Angeles County Medical Association

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(Marketwire) — 01/20/09 — The Doctors Company, the largest national insurer of physician and surgeon medical liability, has received the exclusive endorsement of the Los Angeles County Medical Association (LACMA) as the preferred carrier for its members. LACMA represents physicians from every medical specialty and practice setting across Los Angeles County.

The Doctors Company succeeds The SCPIE Companies, which were acquired by The Doctors Company in 2008, as LACMA’s endorsed carrier. LACMA had endorsed SCPIE since the company’s founding in 1976, but recognized The Doctors Company’s unrivaled protection and benefits as well as the continuation of the excellent service SCPIE had always offered.

“We promised that California policyholders would experience even more competitive rates as a result of the SCPIE acquisition. On January 1, 2009, we reduced premium rates for our 7,000 Los Angeles County physicians an average of 20.2 percent,” said Richard E. Anderson, MD, FACP, chairman and CEO of The Doctors Company. “We appreciate that LACMA recognizes the enhanced value of The Doctors Company, our unparalleled service, aggressive legal defense, and the Tribute® Plan, a financial benefit program that rewards member physicians for their loyalty to the company and their commitment to superior patient care.”

“LACMA believes that The Doctors Company offers the industry’s best liability coverage, most aggressive claims defense, and member benefits that best meet our physicians’ needs,” said Dominick Spatafora, CEO at LACMA.

Key program benefits include competitive pricing, tail vesting at any age, broad liability limits, clinical trials coverage, and industry-leading patient safety and risk management programs. LACMA members will also be eligible for the Tribute Plan. For more information, visit www.thedoctors.com/tribute.

About Los Angeles County Medical Association

The Los Angeles County Medical Association (LACMA) is a professional association representing physicians in all modes of practice and specialties, including solo practitioners, small and large groups, hospital-based physicians, students, interns, and residents. For 136 years, the organization has been at the forefront of current medicine, advocating for excellence in health care delivery and supporting physicians and their patients in the areas of health care policy, government relations, community relations, and in the courts.

About The Doctors Company

Founded by doctors for doctors in 1976, The Doctors Company (http://www.thedoctors.com/) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the largest national insurer of physician and surgeon medical liability with 44,000 member physicians, $3 billion in assets, and an A rating by Fitch Ratings.

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