Medical Malpractice Insurance Blog

Medical Malpractice Insurance Blog discusses contemporary medical malpractice insurance issues. The blog will focus on physician, midwife and surgery center malpractice insurance issues, but more often than not, the discussions will be equally relevant to other medical professionals and entities. It is written by Israel Teitelbaum, Attorney at Law and president of Contemporary Insurance Services.

Standalone Tail Insurance Coverage

For years, physicians and other healthcare professionals cancelling their claims made malpractice insurance policies have been socked with a one-time cancellation charge to assure that there is coverage for lawsuits that are made for services rendered during that policy term that might be made after policy cancellation. The cost of that protection, which is called “tail” insurance or “Extended Reporting Period” coverage, can be as much as two to four times the expiring annual premium.

Apr 16, 2018 | more

Medical Practice Acquisitions, Mergers and Sales

For years, physicians and other healthcare professionals cancelling their claims made malpractice insurance policies have been socked with a one-time cancellation charge to assure that there is coverage for lawsuits that are made for services rendered during that policy term that might be made after policy cancellation. The cost of that protection, which is called “tail” insurance or “Extended Reporting Period” coverage, can be as much as two to four times the expiring annual premium.

May 21, 2015 | more

Cyber, Regulatory and Licensing Action Insurance

If it wasn’t complicated enough to practice medicine and field a large back office to handle getting paid, physicians, midwives, Physicians Assistants, Nurse Practitioners, other healthcare providers and facilities have entered a whole new world of exposure due to Electronic Medical Records, other internet based activities and heavy intervention by local licensing boards.

Feb 17, 2015 | more

Surplus Lines Malpractice Insurance

Physicians, Midwives and other health care providers are newly finding that they can access a Malpractice Insurance market that previously had been available only to very large groups and to practitioners who could not find coverage because they did procedures that were considered high risk, like bariatric surgery, or had an extensive claims history or other underwriting concerns. This market is the surplus lines market and more and more it is becoming available to mainstream practitioners. Surplus lines companies can offer more flexible coverage terms and more competitive premiums than are available in the standard markets and many are highly rated.

Feb 10, 2011 | more

Medical Malpractice Insurance Coverage for Multispecialty Physician Groups And Single Specialty Group Medical Practices

Over the past decade, we have witnessed growth in the merger of smaller practices into single specialty large group medical practices and multispecialty physician groups.

Jun 2, 2010 | more

You Have Had A Bad Patient Outcome. Do You Report It To Your Malpractice Company Or Not?

With over 40 years since I passed the bar and in 30 years selling Medical Malpractice Insurance, few questions have been as difficult to answer as when it is appropriate to report a bad patient outcome to one’s Medical Professional Liability Insurance company.

Dec 22, 2009 | more

Medical Malpractice Insurance Demand and Incident Claims Triggers

A medical malpractice insurance policy is a contract. The terms of the contract, what is covered and what is excluded, can vary from company to company and even among different policies issued by the same company.

Nov 5, 2009 | more

Claims Made Vs. Occurrence Medical Malpractice Insurance Policies

“In the olden days” all Medical Malpractice Insurance policies were “occurrence” policies. Policies were written for a one-year term and covered any claims that arose from treatment during that one-year term even, if at the time the claim was made, the insured was no longer with that company.

Oct 19, 2009 | more

Additional Exposure for Medical Directors

Physicians often are Medical Directors of surgery centers, nursing homes, hospital divisions and the like. Sometimes these positions come with a small stipend. Sometimes they are attractive because the title is prestigious. However, with the small stipend and prestige come significant exposures to liabilities that often are not covered by physician medical malpractice insurance policies.

Sep 23, 2009 | more

Welcome to Medical Malpractice Insurance Blog

We are pleased to announce our new blog, discussing contemporary medical malpractice insurance issues. We hope to post articles to this blog monthly or more often as time allows and will consider issues presented by our readers. The blog will focus on physician, midwife and surgery center malpractice insurance issues, but more often than not, the discussions will be equally relevant to other medical professionals and entities.

Sep 23, 2009 | more