medical professional liability News

Jury Awards Missouri Woman $507K in Needle-in-Back Case

A Missouri woman who has lived with a hypodermic needle lodged in her back for nearly seven years has been awarded a $507,000 judgment in a medical malpractice lawsuit. The St. Louis Post-Dispatch reports that a St. Louis County jury …

Limits on Non-Economic Medical Damages to Be on Arkansas Ballot

Arkansas voters this fall will be allowed to consider a constitutional amendment that would limit non-economic damages in lawsuits against healthcare providers and set a limit on contingency fees lawyers could receive in medical injury cases. It joins four other …

Sued Over Injuries from Infected Corneas, South Dakota Eye Bank Denies Fault

A South Dakota-based eye and tissue bank says it isn’t responsible for injuries caused by infected corneas that were shipped to the Palestinian territories. Two Palestinians are suing the South Dakota Lions Eye and Tissue Bank, alleging the corneas provided …

Ratings of Michigan Professional Insurance Exchange Upgraded

A.M. Best has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to “a-” from “bbb+” of Michigan Professional Insurance Exchange (MPIE) in Grand Rapids, Mich. The outlook for each rating has been revised to stable …

Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability

Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now? Could be, according to Daniel Nash, senior vice president of Field Operations and Business Development for Ironshore. Even though pricing in the market is …

Medical Professional Liability Insurers’ Profits Decline But Outlook Stable: A.M. Best

The specialty medical professional liability (MPL) insurance industry remained profitable in 2015, however its net income fell nearly 36.6 percent to almost $1.1 billion in 2015. In a special report, A.M. Best said the MPL segment’s results were hampered by …

Beazley Enhances Coverage for Small Healthcare Businesses

Beazley has expanded its medical professional liability coverage for small healthcare providers with new policy enhancements, increased standard coverage and enhanced service levels. Policies now also include privacy breach response services provided through Beazley’s dedicated breach response unit. Beazley’s small …

North Dakota Hospital Sued over Hepatitis C Outbreak

Victims of the largest hepatitis C outbreak in recent U.S. history dropped their claims against a Minot, N.D., nursing home, which joined them in suing a hospital, which they both say is really at fault. Twenty-one outbreak victims and ManorCare …

NORCAL Mutual to Expand Med Mal Coverage to 5 Additional States

NORCAL Mutual Insurance Company, a nationwide medical professional liability insurance companies, will begin offering coverage this month to physicians in Florida, Georgia, Oklahoma and South Carolina. NORCAL will begin offering coverage in Indiana beginning in March. These five states are …

Man Settles Suit Against Michigan Doctor Who Mistreated Many

A man who helped authorities uncover a Detroit, Mich.-area doctor who misled people into believing they had cancer has settled a lawsuit against the doctor for about $1.7 million. Dr. Farid Fata was paid millions of dollars by insurance companies …