medical professional liability News

UK Insurer Marketform Expands into U.S. Hospital PL Market

Lloyd’s specialist underwriter Marketform will commence underwriting hospital professional liability, comprising medical malpractice and associated general liability insurance, in the United States effective June 1, 2013. Marketform will initially enter the hospital professional liability insurance market with plans to expand …

PIAA Rebrands to Correspond with Current Role in MPL Field

The Physician Insurers Association of America (PIAA) has made changes to its organizational brand to support the Association’s role in the medical professional liability (MPL) community. They also reflect the impact that the changing landscape in the delivery of healthcare …

Medical Liability Market Profitable But Deteriorating Results Expected: Fitch

The medical professional liability insurance (MPLI) market was one of the most profitable lines of business in the United States for the past five years, according to a new report. MPLI posted an average calendar year combined ratio of 87 …

ACE Launches New Management Liability Options for Health Care Organizations

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 …

ACE, Trust Risk Management Launch Small Healthcare Provider Program

ACE USA’s Medical Risk Group has expanded its relationship with Trust Risk Management Services, Inc. (TRMS) to offer an admitted professional and general liability policy designed to provide insurance protection to a variety of individuals and small groups of six …

Concerns Over Patient Safety a Top Concern for Hospital Leaders, Risk Managers: Study

The lack of teamwork combined with a negative culture and poor communication in hospitals today presents a barrier when it comes to patient safety in the future, according to a new survey. The survey results revealed a tension between what …

ACE Expands PL Insurance Products to Address Hospital, Physician Integration

ACE USA’s Medical Risk Group has introduced a range of physician professional liability insurance products and coverage options in support of hospitals and healthcare facilities for their employed physicians, and their owned or affiliated medical groups. Product offerings include companion …

ProAssurance, CAP Partner to Offer California Hospitals Liability Protection

ProAssurance Corp., a specialty writer of professional liability insurance, and the Cooperative of American Physicians, Inc. (CAP) are partnering to offer a new liability protection product, CAPAssurance, for hospitals and other medical facilities in California. CAPAssurance will use the same …

MagMutual Expands PL Coverage to Hospitals, Health Systems

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 …

MedMal Direct Expands into Georgia

Jacksonville-based MedMal Direct Insurance Co. (MedMal Direct) has received its certificate of authority from the Georgia Department of Insurance and has officially launched operations as a medical malpractice insurance carrier in Georgia. MedMal Direct provides medical malpractice insurance directly to …