The Kansas insurance commissioner will take supervisory control of a company that provides malpractice insurance to nearly 500 medical professionals in Missouri and Kansas. A Shawnee County judge last week placed Physicians Standard Insurance Company in rehabilitation mode with Kansas …
A federal judge is again ruling against Pennsylvania legislation that would take at least $200 million from a state-chartered medical malpractice insurer of last resort. U.S. District Judge Christopher Conner said the state can’t “legislatively recapture” the Pennsylvania Professional Liability …
NORCAL Mutual Insurance Co. and FD Insurance, a medical malpractice provider for physicians and surgeons in Florida, have signed a definitive agreement for NORCAL to acquire FD Insurance. This acquisition expands NORCAL’s national footprint and establishes Jacksonville, Fla., as its …
NJ PURE, a medical malpractice insurer in New Jersey, has entered into a strategic alliance with Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance. According to Eric S. Poe, chief litigation and marketing officer of NJ PURE, NJ …
Austin, Texas-based Capson Physicians Insurance Co., a national medical malpractice insurer, announced that Frank Coppersmith has joined the company as senior vice president responsible for technology and strategic partnerships. Coppersmith has more than 22 years of experience in the technology …
Jacksonville-based MedMal Direct Insurance Company (MedMal Direct), now in its fourth year of business, has received its certificate of authority from the Texas Department of Insurance and has officially launched operations as a medical malpractice insurance carrier in Texas. MedMal …
Regional medical malpractice insurer MagMutual Insurance Co. said it has reached a deal to acquire the South Carolina Physician Assurance Co., another provider of medical malpractice insurance. South Carolina Physician Assurance was licensed in 2008. It is is owned by …
Constellation, a mutual holding company, has been formed by medical liability company, MMIC, to enable physician-owned medical liability companies to band together for common benefit. Constellation is based in Minneapolis, Minn., As part of Constellation’s network of companies, physician-governed insurers …
Physician insurer West Virginia Mutual Insurance Co. is under new leadership after naming R. Austin Wallace to serve as president and chief financial officer. Wallace served on the Charleston-based insurer’s board of directors from 2004 to 2009 and is currently …
Hospitals and hospital groups should seek clarity from their malpractice insurers on the loading applied to premiums to account for claims inflation, according to Lloyd’s insurer Beazley. Specialist insurer Beazley is advising that applying an across-the-board annual percentage loading to …
