Latest Medical Professional Liability Headlines
All the headlines from our Medical Professional Liability Topic Page, ordered by recency.
World Health Experts Warn Nipah Virus from Bats Poses ‘Serious Epidemic Potential’
Dec 9 2019 // A deadly virus called Nipah carried by bats has already caused human outbreaks across South and South East Asia and has “serious epidemic potential,” global health and infectious disease specialists said on...
Report on California Workers’ Comp Looks at Medical Provider Fraud
Dec 4 2019 // The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated...
Reinsurers Pressure Life Insurers Over Vaping Health Risks
Dec 3 2019 // Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them...
Marsh Hires Crain as HealthCare Practice Leader for Northeast Zone
Nov 27 2019 // Marsh, an insurance broker and risk adviser, has hired Ethan Crain as HealthCare practice leader for the Northeast zone. Based in Boston, Mass., Crain reports to Chris Roak, Northeast zone leader. In this newly created...
Mother of Brain-Damaged Boy Awarded $50M in Illinois Malpractice Suit
Nov 8 2019 // A jury awarded $101 million to the mother of a severely brain-damaged boy who sued a Chicago-area hospital for medical malpractice, but an agreement between the parties cut the amount to $50 million, a lawyer...
Fix the Broken Healthcare System
Nov 6 2019 // It’s November and while I have many reasons to be full of joy this time of year, there are still two events that reduce my joy. In fact, one of them makes me downright upset. The first cannot be helped. It’s a...
Florida Health System Fined $2M for Multiple HIPAA Breaches
Oct 28 2019 // A major Florida health system with six hospitals must pay over $2 million after federal officials determined its HIPAA compliance program was in disarray for years. Federal health officials on Wednesday said they’re...
Montana Medical Clinic Cyberattack Compromises Data of 130K Patients
Oct 25 2019 // Montana hospital officials have confirmed a data breach may have compromised the personal information of about 130,000 medical clinic patients. The Daily Inter Lake reported that Kalispell Regional Healthcare employees...
North Carolina Health System Alerts Customers to Data Breach
Oct 22 2019 // A health system that serves western North Carolina has contacted an undisclosed number of people about a data breach involving its e-commerce website. The Citizen-Times reports Mission Health said it recently...
Ratings of Members of Kansas Medical Mutual Group Downgraded
Oct 21 2019 // AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb+” from “a-” of Kansas Medical Mutual...
Quarter of U.S. Health Care Spending Is Waste
Oct 21 2019 // Approximately 25% of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A study published in the Journal of the American Medical Association...
Medical Provider Fraud: The Most Common Schemes to Watch For
Oct 21 2019 // While most insurance claims are legitimate, studies indicate that 10% or more of all property/casualty insurance claims are fraudulent. In the workers’ compensation industry, combatting fraud can seem like a game of...
Price Forbes Launches U.S. Healthcare Practice Headed by JLT Hires
Oct 15 2019 // London-based specialty broker Price Forbes has launched a U.S. healthcare practice headed by market veterans Paul Voller and David Fairbank, who are joining from JLT Group. Based out of London the practice will focus on...
Berkshire’s MedPro Acquires Swiss Re Corporate Health Care Liability Business
Oct 14 2019 // Berkshire Hathaway health care liability insurance unit MedPro Group has agreed to acquire the healthcare professional liability business of Swiss Re Corporate Solutions effective Oct. 11. The agreement includes hospital...
Florida Panhandle Facing Uphill Battle in Recovery One Year after Michael
Oct 11 2019 // A year after Hurricane Michael, the Florida county hardest hit by the Category 5 storm is still in crisis: Thousands in Bay County are homeless, medical care and housing are at a premium, domestic violence has become a...
25% of U.S. Health Care Spending Is Waste. Here’s Where to Find It.
Oct 8 2019 // Approximately 25 percent of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A study published today in the Journal of the American Medical...
How Emerging Risks for Medical Device Manufacturers Create Opportunities for Agents
Oct 7 2019 // The medical device industry is an expanding market with significant growth forecasted over the next decade. According to KPMG data, global predictions reveal the life sciences sector will grow by more than 5% per year,...
Risk Strategies Appoints Gabbard as Senior Vice President to Health Care Practice
Sep 24 2019 // Risk Strategies, a Boston, Mass.-headquartered, privately held insurance brokerage and risk management firm, has appointed health care industry veteran Brad W. Gabbard as a senior vice president to its national health care...
Bill Would Allow Service Members to Sue Military for Medical Malpractice
Sep 16 2019 // U.S. Senators John Kennedy (R-La.) and Mazie Hirono (D-Hawaii) have introduced legislation to allow active duty service members to sue the military for medical malpractice and negligence. A Supreme Court decision in 1950...
Medical Malpractice Insurer Ordered into Rehabilitation in Kansas
Sep 16 2019 // A medical professional liability insurance provider serving nearly 500 medical professionals in Missouri and Kansas has been placed into rehabilitation after the Kansas Insurance Department (KID) found the company’s...
