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…
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…
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…
Medical Directors have more liability exposure than one might think and need to be covered by medical professional liability insurance. Medical Directors wear many hats—credentialing, supervising, overseeing compliance, establishing patient protocols, directing patient care, conducting chart review and other administrative…
All of the major dental malpractice insurance companies for dental professionals offer ways to reduce premium, as a way to attract and keep good dentists. Generally, a premium is based on your specialty, location, limits of liability, and actuarial data.…
What is Claims-Made Coverage? You are insured under a claims-made policy, meaning that the policy in force at the time the claim is made against you is the one that responds. (This is just the reverse of auto insurance, where…
It is important to know the medical malpractice insurance (also called medical professional liability insurance) implications of leaving a group practice. Many physicians have found out the hard way about sticky issues related to their coverage. The Employment Contract should…
This might seem like an easy question. If you are employed by a group, at a minimum you should know the carrier and understand what happens if you leave the group. If you are a shareholder or owner, you need…
