Like many industries, the medical malpractice insurance industry is cyclical in nature. Each cycle lasts from two to ten years and is defined as either “hard” or “soft”. Hard markets with higher premiums, more severe losses, and restrictive underwriting, reflect…
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…
If an oral surgeon or a dentist has a claims-made professional liability policy that covers claims arising from acts that happened prior to the inception date of the current dental malpractice policy, this is referred to as “prior acts coverage”.…
The Florida Malpractice Medical Insurance Market Will Remain “Soft” in the Years Ahead The Florida malpractice medical insurance market remains competitive in 2013. There are several major players in the State of Florida, including The Doctors Company, Medical Protective, Mag…
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…
If a dental 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 the standard…
Physicians, especially Dermatologists, routinely employ estheticians as independent contractors to augment their customary services. An esthetician may provide everything from waxing and facials, to chemical peels and microdermabrasion. In a business that works so closely and physically with each client,…
