FPIC News

The Doctors Co. Completes Acquisition of FPIC

Medical liability insurer The Doctors Co. has completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia and Arkansas. FPIC Insurance Group includes First Professionals Insurance Co., Inc.; Advocate, …

Florida’s FPIC Insurance Settles Shareholder Litigation

FPIC Insurance Group has agreed to settle a class action shareholder lawsuit clearing the way for its merger with Fountain Acquisition Corp., a wholly-owned subsidiary of The Doctors Co., of California. The Jacksonville, Florida-based FPIC provides medical professional liability insurance …

Florida Weighs Sale of Top Medical Malpractice Insurer

One of Florida’s major medical malpractice insurers is seeking state approval to be sold to an out-of-state insurance group with the initial price tag expected to total $365 million. The Florida Office of Insurance Regulation has scheduled a public hearing …