Latest Medical Professional Liability Headlines
All the headlines from our Medical Professional Liability Topic Page, ordered by recency.
Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study
Jul 22 2016 // Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough....
Berkshire Hathaway Purchasing New York Medical Liability Insurer
Jul 18 2016 // Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company...
Ratings of Preferred Physicians Medical Risk Retention Group Upgraded
Jul 14 2016 // A.M. Besthas upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc....
Citing Health Risks, Oakland City Council Bans Coal Shipments
Jun 29 2016 // The Oakland City Council in California voted unanimously to kill a plan to use a proposed marine terminal to transport Utah coal to Asia, calling such shipments public health and safety hazards. Backers argued the project...
Supreme Court Muddies Healthcare Liability Waters
Jun 21 2016 // The Supreme Court is supposed to take appellate cases to make the law clearer. Last week’s opinion on healthcare fraud had the opposite effect. Instead of spelling out exactly when a misrepresentation in healthcare...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
Jun 20 2016 // 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...
Supreme Court Limits Fraud Claims Against Federal Contractors
Jun 17 2016 // The U.S. Supreme Court on Thursday imposed some limits on the kind of fraud claims that can be brought against federal contractors in a case involving a suit against one of America’s largest hospital operators over a...
Making It Possible for Hospitals to Be Honest About Medical Errors
Jun 10 2016 // Medical errors in U.S. hospitals kill tens of thousands of patients each year, and even more suffer injury because of mistakes by doctors or nurses. Not every case of harm is avoidable—patients may get an infection even...
New York Lawmakers Push to Extend Deadline for Med-Mal Suits
Jun 6 2016 // Legislation before state lawmakers in New York would significantly change medical malpractice law by allowing patients to sue years after an alleged misdiagnosis or mistreatment. Patients currently must file lawsuits...
Arizona Closes Agent Malpractice Loophole
Jun 6 2016 // Arizona’s governor has signed a bill to fix a loophole that exposes agents who write auto policies to malpractice suits. The bill was written in response to an Arizona Supreme Court ruling in July 2015 favoring an...
ESIS Launches Healthcare Industry Risk Management Practice
May 26 2016 // ESIS, Inc., Chubb’s risk management services division, has launched a new industry practice dedicated to serving the claims and risk management needs of healthcare organizations and life sciences firms. The ESIS...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
May 24 2016 // Powered by InsuranceJournal.tv 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...
Alabama Jury Awards $20M in Medical Malpractice Suit Against Hospital
May 23 2016 // A jury in northeast Alabama has returned a $20 million verdict against a local rehab hospital. The Gadsden Times reports that an Etowah County jury on May 18 found that a woman received an overdose of non-prescribed...
Digital Benefit Advisors Acquires Minnesota’s Corporate Health Systems
May 20 2016 // Digital Benefit Advisors (DBA) a national employee benefits firm, has acquired Corporate Health Systems of Eden Prairie, Minn., expanding its footprint in the Minneapolis/St. Paul area. Corporate Health Systems’...
Arizona Governor Signs Law to Close Agent Malpractice Loophole
May 19 2016 // Arizona’s governor has signed a bill to fix a loophole that exposes agents who write auto policies to malpractice suits. The bill was written in response to an Arizona Supreme Court ruling in July 2015 favoring an...
Changing Directions, Oklahoma Eyes Medicaid Expansion
May 17 2016 // Despite bitter resistance in Oklahoma for years to President Barack Obama’s healthcare overhaul, Republican leaders in this conservative state are now confronting something that alarms them even more: a huge $1.3...
Previous Telecom Efforts Flopped But Google, Apple See Future for Telemedicine
May 16 2016 // Google and Apple Inc. have some bright ideas about the future of health care. Not so long ago, AT&T Inc. and Verizon Communications Inc. had similar ideas: a networked world of devices and services that would...
Medical Professional Liability Insurers’ Profits Decline But Outlook Stable: A.M. Best
May 11 2016 // 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...
Medical Liability Insurer NORCAL Mutual Names Stewart Chief Underwriter
May 10 2016 // Andre Stewart has been named chief underwriting officer for NORCAL Mutual Insurance Co. Stewart joined NORCAL in 2015 as senior vice president of underwriting for custom accounts, where he was responsible for new business...
Insurer’s Hospital Claims Study Corroborates High Death Risk from Medical Errors
May 10 2016 // Death claims are the most common hospital liability claims, according to an insurance company study released after researchers at Johns Hopkins University School of Medicine reported that medical errors are the third...
