healthcare News

Berkshire Hathaway Specialty Adds Healthcare Risk Management

Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare professional liability insurance policyholders for the costs of pre-approved risk management services of their …

Berkshire Specialty Introduces Business Crisis Event Cost Coverage

Berkshire Hathaway Specialty Insurance has introduced business crisis event cost coverage, which extends its casualty and healthcare lead umbrella policies to cover costs incurred to manage a business crisis, including the fees of a crisis management consulting firm. The new …

How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform

The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are counting on their insurance agents and brokers to help them understand the nitty-gritty of the ACA requirements. For many property/casualty …

Survey: Healthcare Reform Driving Demand for Provider Excess Insurance

Evolving reimbursement models for healthcare providers are fueling a surge in demand for provider excess insurance with industry experts forecasting a jump in premiums of 15-30 percent in 2013, according to a ReSource Intermediaries survey. Traditional fee-for-service contracts that reward …

Allied World Bermuda Launches Liability Coverage for ACOs

Allied World Bermuda has launched a new accountable care organization (ACOs) liability product for Bermuda-based clients. The product provides coverage for ACOs – newly emerging healthcare organizations characterized by a payment and care delivery model that ties provider reimbursements to …

Groups Attack Watchdog Effort to Raise Medical Malpractice Bar in California

Under a measure being pursued for next year’s ballot by Consumer Watchdog California voters will have the opportunity to boost the cap on medical negligence lawsuits, but opponents of the measure on Friday said doing so will add billions-of-dollars in …

The Hanover Expands Healthcare Capabilities

The Hanover Insurance Group, Inc. has expanded its healthcare industry options with an increased appetite and capabilities for the rapidly growing areas of the healthcare industry, including allied healthcare centers and home healthcare and medical equipment. The company also will …

New Jersey Report Links Corrupt Doctors to Drug Abuse

The buzz came mostly by word-of-mouth but also from flyers circulated among New Jersey’s homeless Medicaid recipients and drug addicts. It told them where to get pain pills — and fast — prescribed by corrupt doctors who then bilked government …

ACE Construction Practice Launches Healthcare Construction Project Services

ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include environmental compliance and transactional services; hazardous materials management; construction and …

IRS Scandals Threaten Funding for Health Care Law

Mounting scandals at the Internal Revenue Service are jeopardizing critical funding for the agency as it gears up to play a big role in President Barack Obama’s health care law. Obama sought a significant budget increase for the IRS for …