ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …
Doctors in northern Florida shut down their practices for the afternoon on Feb. 5 in protest of rising malpractice insurance rates. According to the Associated Press, the Florida doctors regard the situation as a “ticking time bomb.” Some 300 doctors …
Many doctors across New Jersey are expected to join a “slowdown” in providing non-essential medical services, scheduled to begin today, to protest rising medical malpractice premiums, and to dramatize their demands for effective tort reform. The unprecedented slowdown follows similar …
Legislation with language that corrupts the primary purpose of alternative dispute resolution is pending in three states so far this year and others could be forthcoming, according to the Alliance of American Insurers (AAI). The states are Connecticut, Minnesota and …
Recent and planned walkouts by surgeons protesting escalating malpractice insurance costs is gaining attention, however Fitch Ratings reports it is too early to tell what, if any, impact these walkouts may have on hospitals and whether walkouts will be more …
Over 800 Florida doctors and a dozen in Mississippi protested rising costs of malpractice insurance by staying off the job. According to Associated Press reports, doctors in the Palm Beach County area protested by attending a two-day conference on the …
The Alliance of American Insurers praised the efforts of West Virginia’s House of Representatives in passing a medical malpractice insurance reform bill last week as a “step in the right direction,” and urged the state’s Senate to pass the measure …
The nation’s medical malpractice insurance crisis is threatening healthcare costs and access to care, according to a new survey of the 42 Blue Cross and Blue Shield (BCBS) companies. Blue Plans believe that because of rising malpractice insurance premiums, some …
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on West Virginia-based Farmers & Mechanics Mutual Insurance Co. to ‘Bpi’ from ‘BBpi’ “because of F&M’s continuing weak operating performance, geographic concentration, and …
The work stoppage by a number of West Virginia surgeons protesting the high cost of medical malpractice insurance showed signs of easing, as several doctors indicated they would return to their posts. The decision comes at least partly in response …
