Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines Association of California. For 2014 there was …
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 …
MagMutual Insurance Co., a medical professional liability insurer in the Southeast, has formed OURCell Captive, P.C.C. A wholly owned subsidiary of MagMutual, OURCell Captive provides physician practices and hospital systems that desire to actively participate in the retention and management …
Alterna has entered into the alternative risk marketplace, specifically focusing on providing medical professional liability services for physicians, clinics, and hospital groups through one company. Most group insurance facilities (i.e., risk retention groups (RRGs), captives) have several third-party service providers …
Evolving reimbursement models for healthcare providers are fueling a surge in demand for provider excess insurance with industry experts forecasting a jump in premiums of 15-30 percent in 2013, according to a ReSource Intermediaries survey. Traditional fee-for-service contracts that reward …
The ACE Group has launched ACE Express Private Health Care Protection and ACE Express Not-For-Profit Health Care Protection policies specifically designed for the new exposures facing health care organizations. The policies address exposures such as an increase in False Claims …
Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. have launched a new liability insurance program specifically for U.S. small rural and specialty hospitals. The program features claims management processing and a risk management component provided by …
MAG Mutual Insurance Co., a medical professional liability insurer in the Southeast, is now offering a suite of coordinated coverage, defense and patient safety products to hospitals and health systems. Provided through MagMutual’s Professional Security Insurance Co., the offering combines …
ACE USA’s Medical Risk & Life Sciences Division has introduced four new coverage endorsements: media event expense, disciplinary proceeding defense, emergency evacuation expense, and patient property damage. The new endorsements are designed to supplement ACE’s current primary hospital and miscellaneous …
About a dozen patients a year in Texas are billed by state hospitals for psychiatric care they were ordered to undergo by courts, a practice that has rankled criminal defendants committed to a hospital against their will, according to a …
