medical professional liability insurance News

Louisiana Medical Professional Liability Insurer Announces 10% Dividend

Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders, who will receive a 10 percent dividend of a policyholder’s written …

Medical Liability Insurers Look Strong Now But Face Difficulties Ahead: Fitch

The medical professional liability insurance (MPLI) market continues to stand out as a relatively strong corner of the U.S. property/casualty business, with recent underwriting performance remaining favorable, according to Fitch Ratings. However, analysts at the ratings firm said they see …

IronHealth, The Sullivan Group to Offer Obstetrics Risk Management Services

IronHealth, Ironshore’s specialty healthcare unit, has entered into an agreement with The Sullivan Group, an international healthcare risk management and patient safety organization, to help clients manage risk exposure in the field of obstetrics. Under the agreement, The Sullivan Group …

Ground Shifting for Medical Liability Insurers: Moody’s

Although it comprises just over two percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare system, which today accounts for almost one-fifth of …

Survey: A Few More Years Before Med Liability Market Hardens

According to a new annual rate survey by Medical Liability Monitor, base-rate premiums for medical professional liability insurance (MPLI) continued their downward trend for a sixth consecutive year. The current soft market condition is longer and deeper than any previous …