By Tom Murphy Confusion can reign when it involves employers trying to determine if something falls under their workers’ compensation coverage or their employer liability coverage. The fact is, many employers/medical practices do not even carry employer liability insurance, otherwise known as EPLI. In Florida, any non-construction employer with four (4) or more employees is
By Tom Murphy As we prepare for the mass migration of workers’ comp professionals to the annual WCI meeting in Orlando this August, we want to provide a brief update on the current state of workers’ compensation in Florida. The Florida Department of Insurance, at the recommendation of the National Council on Compensation Insurance (NCCI),
By Matt Gracey As more doctors join hospitals or are considering doing so we are seeing more trouble created in the transactions by the doctors’ malpractice insurance tail issues. Once a doctor terminates his or her coverage for their practice and moves into a hospital practice their policy coverage will burn up almost completely unless
In the wake of the March 13, 2014 Florida Supreme Court ruling that a 2003 law limiting damages in medical-malpractice cases was deemed unconstitutional, a more difficult, “hard market” was predicted to hit Florida’s malpractice insurance market soon. Much like the dark storms on the horizon indicating a coming storm, we are starting to see
By Tom Murphy For the second time in six months, the Office of Insurance Regulation (OIR) has approved a rate decrease that will affect all Florida businesses. Insurance Commissioner David Altmaier’s statement attributes the 1.8% overall decrease to the recent federal Tax Cuts and Jobs Act. The new rates will take effect for all new
As featured in the South Florida Hospital News and Healthcare Report, March 2018 By Daniel Casciato One of the biggest medical malpractice changes South Florida healthcare providers need to be mindful of this year is last year’s decision by the Florida Supreme Court to strike down malpractice damage caps. In June 2017, the high court