Physicians News

NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada

NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance Company, a NORCAL Mutual wholly owned subsidiary. Upon renewal, Medicus policyholders …

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 …

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 …

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 …

Survey: Healthcare Reform Driving Demand for Provider Excess Insurance

Evolving reimbursement models for healthcare providers are fueling a surge in demand for provider excess insurance with industry experts forecasting a jump in premiums of 15-30 percent in 2013, according to a ReSource Intermediaries survey. Traditional fee-for-service contracts that reward …

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 …

IronHealth, Medical Mutual Launch Hybrid Medical PL Policy for Hospitals in N.C.

IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced IronMed NC, a hybrid medical professional liability product that will be available through a partnership with Medical Mutual Insurance Company (MMIC) of North Carolina. The new product has been designed …

Express Scripts Tackles Physician-Dispensed Drug Costs Under Workers’ Compensation

Express Scripts, a nationwide prescription manager of more than a billion prescriptions each year, has created a new program to help workers’ compensation payers save money on medications. The new product is based on the findings of a pilot study …

Computer with Information on 4 Million Patients Stolen in California

A Northern California physicians network says a computer stolen last month contains personal information on more than 4 million patients dating back to 1995. The Sacramento Bee reports the database includes the names, addresses, email addresses, birthdates, telephone numbers and …