Medical Malpractice News

31Mar, 2017

How much should you pay for tail insurance? The answer may surprise you

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While the high price of medical malpractice insurance premiums is enough to give most physicians sleepless nights, the problem can become even more pressing should you need to purchase tail coverage. In the past, it was common for tail insurance premiums to be anywhere from two to four times as high as standard malpractice premiums. However, this is no longer always the case, as many insurance carriers are beginning to offer a range of tail insurance options that ensure you have the coverage you need without having to fork over […]
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29Mar, 2017

The 5 most expensive and the 5 least expensive states for medical malpractice

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Medical malpractice insurance is a requirement for any kind of practice, but it can also have a massive impact on your earning potential. Many things can affect your insurance rates, including your specialty and type of practice. One of the biggest factors is where you live, since insurers use state averages to help calculate your rates. Here are the best and worst states for malpractice insurance as of 2016.
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17Mar, 2017

What’s the deal with medical malpractice insurance Risk Retention Groups?

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Over the past few years, economic and regulatory forces have incentivized some health care providers to employ more financially austere measures to lower operating costs. Medical malpractice insurance risk retention groups cater to these individuals and organizations. Thanks to lower capital requirements and less regulations at the state level, risk retention groups are able to quickly enter a state’s professional liability market and offer insurance premiums lower than traditional medical malpractice carriers’. What Is a Medical Malpractice Insurance Risk Retention Group?
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8Mar, 2017

How to decide what kind of medical malpractice insurance policy is right for you

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Choosing your medical malpractice policy may seem dull, but it can be one of the most important career decisions you make. When even frivolous lawsuits can cost tens of thousands of dollars to defend yourself against malpractice suits, and awards can cost you even more staggering sums, insurance is an essential factor in your financial well-being. Deciding between a claims-made and occurrence policy may seem simple, but this decision involves many factors to consider. What’s the Difference?
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