Alabama Med Mal Insurer In Great Financial Health
As I discussed in my Feburary 21st posting on the financial well being of North Carolina’s largest medical malpractice insurerer, there are states in which the med mal insurerers are not teetering on the brinks of financial disaster. Today, you can add Alabama to that list. According to The Birmingham News, that state’s largest insurer, ProAssurance Corp., is surpassing Wall [...]
Error-Prone Doctors, Count Your Blessings
Proponents of so called “tort reform,” including many physicians, love to complain about “runaway” verdicts and “sky-rocketing” liaiblity insurance premiums. But if you live in the Netherlands, you might find yourself less bothered by such petty concerns. Why? Because its Health Minister has submitted a bill to parliament that would make medical malpractice a crime punishable by [...]
Medical Malpractice Insurer Gives Back to its Policy Holders
According to North Carolina’s The News & Observer, Medical Mutual Insurance Company, the state’s largest medical malpractice insurer, is distributing $6.25 million dollars to its policy holders. One reason it was able to do so is its smart money management, which resulted in the paying off of $10 million dollars of debt last year. Another is [...]