healthcare News

Berkshire Hathaway Specialty Insurance Launches Healthcare Umbrella Policy

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment. Reflecting the industry’s widespread consolidation, the policy provides a definition of insured, which encompasses new …

Aon Risk Solutions, The Risk Authority Form Healthcare Risk Management Alliance

Aon Risk Solutions, the global risk management business of Aon plc, has formed an alliance with The Risk Authority, a subsidiary of the Stanford University Medical Network, to provide clinical risk management and enterprise risk management This new alliance will …

Patriot National, Stonewood Partner on Healthcare Program in Midwest

Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Fla., has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the Midwest. Under the partnership arrangement, Patriot will write workers’ compensation …

AXIS Insurance Establishes Healthcare Liability Insurance Unit

AXIS Insurance has formed a healthcare unit that will focus on providing professional liability insurance and associated standard casualty coverages for physician groups, hospitals, allied healthcare facilities and individual physicians. Kimber Lantry, who recently joined AXIS Insurance as an executive …

Arch Enhances Healthcare Facility Professional Liability Form

Arch Insurance Group, a member of Arch Capital Group Ltd., has launched a specialized healthcare professional liability product in the U.S called Net Protection PLUS / Regulatory Defense PLUS coverage, which will be available on select Arch Healthcare policies. According …

Ascent Launches Medical Billings E&O Coverage for U.S. Healthcare Professionals

Ascent Underwriting, the Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors & omissions insurance product specifically aimed at U.S. healthcare professionals. CyberPro Medical Billings offers financial protection against HIPAA billing and coding regulation violations …

General Star Adds Six New Coverages to Healthcare Product Line

General Star Management Co. has launched a new Healthcare Facilities Choice endorsement. The protection is available on miscellaneous healthcare facilities policies for risks that meet underwriting eligibility requirements. Six additional coverages are added to the “supplementary payments” section for qualified …

Survey: Colorado Employers Seeing 10.9% Hike in Health Plans

It may still be considered the leanest state and among the nation’s healthiest, but Colorado employers are seeing a large increase in the cost of medical benefits in the coming year, a survey released on Thursday shows. The Lockton Denver …

Berkshire Hathaway Specialty Adds Healthcare Risk Management

Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare professional liability insurance policyholders for the costs of pre-approved risk management services of their …

Berkshire Specialty Introduces Business Crisis Event Cost Coverage

Berkshire Hathaway Specialty Insurance has introduced business crisis event cost coverage, which extends its casualty and healthcare lead umbrella policies to cover costs incurred to manage a business crisis, including the fees of a crisis management consulting firm. The new …