medical malpractice insurer News

Medical Malpractice Insurer, NJ PURE, Forms Strategic Alliance with LIU

NJ PURE, a medical malpractice insurer in New Jersey, has entered into a strategic alliance with Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance. According to Eric S. Poe, chief litigation and marketing officer of NJ PURE, NJ …

Capson Physicians Insurance Adds Coppersmith to Management Team

Austin, Texas-based Capson Physicians Insurance Co., a national medical malpractice insurer, announced that Frank Coppersmith has joined the company as senior vice president responsible for technology and strategic partnerships. Coppersmith has more than 22 years of experience in the technology …

MedMal Direct Expands into Texas

Jacksonville-based MedMal Direct Insurance Company (MedMal Direct), now in its fourth year of business, has received its certificate of authority from the Texas Department of Insurance and has officially launched operations as a medical malpractice insurance carrier in Texas. MedMal …

MagMutual to Acquire South Carolina Physician Assurance

Regional medical malpractice insurer MagMutual Insurance Co. said it has reached a deal to acquire the South Carolina Physician Assurance Co., another provider of medical malpractice insurance. South Carolina Physician Assurance was licensed in 2008. It is  is owned by …

MMIC-Backed Constellation to Partner with Medical Liability Insurers

Constellation, a mutual holding company, has been formed by medical liability company, MMIC, to enable physician-owned medical liability companies to band together for common benefit. Constellation is based in Minneapolis, Minn., As part of Constellation’s network of companies, physician-governed insurers will …

West Virginia Mutual Names Wallace President, CEO

Physician insurer West Virginia Mutual Insurance Co. is under new leadership after naming R. Austin Wallace to serve as president and chief financial officer. Wallace served on the Charleston-based insurer’s board of directors from 2004 to 2009 and is currently …

How Hospitals Benefit from Data-Rich Malpractice Insurers

Hospitals and hospital groups should seek clarity from their malpractice insurers on the loading applied to premiums to account for claims inflation, according to Lloyd’s insurer Beazley. Specialist insurer Beazley is advising that applying an across-the-board annual percentage loading to …

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 …