U.S. medical professional liability insurers reported an underwriting loss again last year, according to Fitch Ratings in a new report that says the results are drawing more scrutiny around reserves that are shrinking. For the second consecutive year, the medical …
A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Co., headquartered in Jacksonville, Fla. The outlook of these Credit Ratings (ratings) …
For all the changes in healthcare over the past 10 years, the principal challenges facing medical professional liability (MPL) insurance remain much the same as they have been since its crisis in the mid-2000s: a high level of capital with …
NORCAL Mutual Insurance Company is now offering medical professional liability insurance to physicians and health care professionals in Arizona. This is the twelfth state to come under the parent company’s umbrella as part of NORCAL Mutual’s national expansion plan, which …
