Cyber Liability insurance is very important for all Florida healthcare providers, regardless of size, specialty, or location in Florida. Florida physician and dental offices are especially vulnerable to a cyber liability loss because they deal with health-related information. Cyber liability…
An extended reporting endorsement (also known as a Tail policy) is customarily purchased when a physician or surgeon terminates a claims-made medical malpractice insurance policy for any reason. It is purchased from the medical malpractice insurance carrier that provided the…
If a physician switches medical malpractice insurance carriers, it is customary for the new medical malpractice insurance carrier to provide “prior acts” coverage for the physician. This means that the new medical malpractice insurance carrier uses the same retroactive date…
Banks often require oral surgeons and dentists to have disability coverage for their loans. Why? The reason is because if they can’t work, then there is no revenue and therefore no loan payments. Often, the oral surgeon or dentist will…
The limit of liability on a physician and surgeon professional liability policy denotes the amount of money an insurance company will pay on behalf of the insured physician or surgeon in the event of a medical malpractice insurance claim. A…
Probably the biggest exposure any of us has is in our personal life is driving in our car and living in our home. Catastrophic accidents do not happen often. If they do, however, the results can be devastating, especially if…
The flooding that is happening now in Colorado could happen here. Floods can happen anytime, anywhere. It doesn’t take much water to cause a business to go under. A few inches of floodwater can cause tremendous damage…to your building, your…
Changes coming for National Flood Insurance Program (NFIP) rates The Biggert-Waters Act of 2012 has changed The National Flood Insurance Program (NFIP) to fill a $20 billion deficit created by large-scale disasters, such as hurricanes Katrina and Sandy, and to…
Remember that wind is only one peril covered by the homeowner’s policy. Other perils, like sinkhole and water damage, have also driven up rates. In addition, liability claims have been going through the roof, as more and more people resort…
If a physician and surgeon malpractice insurance company in Florida is referred to as a “standard” carrier, it means that it is licensed with the Department of Insurance to write business in Florida. If a person cannot be written in…
