medical professional liabilty News

Malpractice Claims Against Hospitals Hold Steady But Severity Increases

The frequency of hospital professional liability claims is holding steady, but the cost of those claims is expected to increase by 3% next year, according to an actuarial analysis by Aon and the American Society of Health Care Risk Management. …

Florida Drops Order for The Doctors Co. to Lower Rates

The Florida Office of Insurance Regulation (OIR) has dropped its Order for The Doctors Co. (TDC) to lower its filed rates by 15 percent. The rates proposed by the medical malpractice insurer back in Dec. 2014 will remain the same …

The Doctors Co. Challenging Florida’s Order to Decrease Med Mal Rates

An order by the Florida Office of Insurance Regulation for medical malpractice insurer The Doctors Co. (TDC) to decrease its rates by 15 percent is being contested by the California-based company. A hearing has been set for Oct. 7, 2015, …

Coverys to Acquire Nebraska’s Preferred Professional Insurance Co.

Medical Professional Mutual Insurance Co. (ProMutual), a Coverys member company, has plans to acquire Preferred Professional Insurance Co. (PPIC), located in Omaha, Neb. PPIC supports Catholic healthcare systems across the country by providing professional liability insurance, other casualty coverages, and …

LAMMICO Declares 10.5% Dividend for Medical Liability Policyholders

The board of directors of medical professional liability insurer, LAMMICO, has declared another dividend for all policyholders in Louisiana and Arkansas, marking the seventh time since 2008 the company has authorized the payment of a dividend to its insureds. The …