Health and Benefits News

Capson Expands Online Medical Malpractice Program Into More States

Capson Physicians Insurance Co. (Capson), a new online medical malpractice insurance provider, has expanded its services to Texas, Kentucky and Idaho healthcare providers. Expansion into several additional states will be announced in the coming weeks. Capson has streamlined the process …

First Professionals Files Rate Cut for Illinois Physicians, Surgeons

First Professionals Insurance Co., Inc. (First Professionals) recently submitted a proposed medical professional liability rate and rule filing for physicians and surgeons in Illinois. First Professionals has announced that current insureds will not see a base rate increase for their …

IronHealth Launches Protection for Risk Exposure of Government Audits

IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced a government billing errors & omissions solution that helps healthcare organizations manage the risk and expense associated with audit events involving Medicare and Medicaid billings. The product, designed as a …

Illinois DOI to Increase Scrutiny of Health Insurance Premium Hikes

The Illinois Department of Insurance announced new reporting requirements for premium increases proposed by Illinois health insurers. The federal Affordable Care Act requires the state to review all unreasonable health insurance premium increases. The department has outlined a process to …

Chubb Establishes Healthcare Information Technology Program

Health care reform has spawned a host of privacy, information security and other liability exposures for the emerging healthcare information technology industry. In response, the Chubb Group of Insurance Companies has established a program to address the industry’s specialized risk …

Bermuda Insurers Collaborate on Healthcare Offerings

The Bermuda insurance market has launched two new products for the healthcare market: the Bermuda Market Follow Form Healthcare Insurance Policy and the Bermuda Market Reinsurance Agreement. Select Insurance brokers and underwriters from across the island have worked together to …

Ohio DOI Receives $1.1M Consumer Assistance Grant

The Ohio Department of Insurance is receiving a $1.1 million consumer assistance grant funded through the U.S. Department of Health and Human Services as part of the Patient Protection and Affordable Care Act. The insurance department says it will use …

IronHealth Launches Program for Medicare Reporting Requirements

IronHealth, the specialty healthcare unit of Ironshore Inc., has developed a insurance program to address the risk exposure created by the specific reporting requirements of Section 111 of the Medicare, Medicaid and SCHIP Extension Act of 2007 (MMSEA). IronHealth’s new …

Illinois DOI Awarded $1.45M for Consumer Protection Efforts

The Illinois Department of Insurance says it will receive $1.45 million in federal funds to support its efforts to educate Illinois health insurance consumers and advocate on their behalf. The grant funds provided under the federal health reform law (known …

The Hartford Expands Coverage For Healthcare Providers

As the aging population and advances in medical technology fuel the healthcare industry’s rapid expansion, providers face new growth opportunities and specialized protection needs. To help healthcare administrators address these needs, The Hartford Financial Services Group, Inc., has expanded its …