medical professional liability News

MGIS Partners with Astute Doctor to Offer Physician Risk Management Program

The MGIS Companies, Inc. (MGIS), the a nationwide insurance provider of products and services designed specifically for physicians, has partnered with Astute Doctor Education Inc., for a new PREVENT education program. Astute Doctor Education Inc. is an independent provider of …

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 …

Missouri Lawmakers to Try Again for Award Limits in Medical Liability Suits

Missouri lawmakers plan to try again to limit how much money people can receive in medical malpractice lawsuits. Missouri House Speaker Tim Jones says the liability limits are a priority for the 2014 session. And Rep. Eric Burlison, of Springfield, …

Coverys to Acquire Ohio Medical Professional Liability Insurance Firm

FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio. Coverys provides medical professional liability insurance for healthcare professionals. …

In Pennsylvania, New Legislation Allows Doctors to Apologize

A decade after a back-and-forth legislative battle that saw both doctors and lawyers visiting the state capitol by the hundreds – perhaps thousands – to argue for or against tort reforms that led to state law modifications in 2003, the …

MagMutual Creates New Captive for Physician Practices, Hospital Systems

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 …

Salt Lake City-Based MGIS Expands into Utah Market

The MGIS Companies, Inc. (MGIS) and Freedom Specialty, a Nationwide Insurance company, have entered the Utah medical malpractice insurance market. MGIS provides a broad range of insurance products and services designed for physicians throughout the U.S. Headquartered in Salt Lake …

Alterna Enters MPL Space Through Captive, RRG Management Services

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 …

MGIS Names Fischerkeller Assistant Vice President in Utah

The MGIS Companies Inc. named Paul Fischerkeller assistant vice president of medical professional liability insurance sales. Fischerkeller will be responsible for managing and growing the firm’s MPL business, including managing sales and broker relationships, and spearheading business development opportunities. Fischerkeller …

10 Years of Tort Reform in Texas Bring Fewer Suits, Lower Payouts

Ten years after the Texas Legislature capped damages in the state’s medical malpractice lawsuits, the number of suits and the amounts paid out have fallen sharply. The Austin American Statesman reported that Department of Insurance data shows medical malpractice claims, …