By Vanessa Orr The spread of the coronavirus has affected every aspect of healthcare, and that includes malpractice insurance. While some physicians are on the front lines, others are experiencing a slowdown in business - and both have concerns. “We are seeing a lot of activity from clients who have questions about what to do

By Vanessa Orr It is very common in most medical practices to have advanced practice providers (APP) such as physician assistants, nurse practitioners, registered nurses, surgical assistants and more listed on the practice’s malpractice insurance. Through this policy, they may either share in the limit of liability or have a separate limit of their own,

By Vanessa Orr For the last 13 years, the Florida malpractice insurance industry has remained relatively soft, which is good news for physicians and medical practices. Unfortunately, the days of lower premiums, discounts and credits are slowly disappearing. “We haven’t seen a hardening market since 2002-07, and back then, it was really bad,” explained Medical

By Wes Caldwell Imagine you wake up in the hospital and the doctor explains that due to a slip in the shower you have a cracked skull and have been in a coma for seven days. The good news is you will more than likely make a full recovery. The bad news is that due

Jeffrey Smith-Cyber Risk Underwriters  Healthcare executives often ask us how best to minimize cyber risk without breaking the budget. Here are a few easy and cost effective tools we highly recommend to healthcare providers.  Most are available free of charge and require minimal expertise to implement.  Get Phished According to Verizon[1], email fraud accounts for

By Daniel Casciato Healthcare professionals want to prevent any potential legal actions as it relates to the excellent care they provide to their patients. This includes advanced practice providers (APPs), such as Nurse Practitioners who now face similar legal issues to those experienced by physicians and other medical providers. According to Tom Murphy, a Med

by Matt Gracey Insurance underwriters use simple loss ratios (losses and expenses divided by premiums) as one of the tools with which to gauge a company’s suitability for coverage. High loss ratios, in which the losses approach, equal, or exceed the premium, are not good. One factor that has a large effect on loss ratios

Tweet By Bill Gompers Employment Practices Liability Insurance (EPLI) coverage protects an employer against employment practices liability (EPL) claims of discrimination (age, sex, race, disability, etc.), wrongful termination, and sexual harassment. Many medical practices and healthcare providers are not aware of this growing exposure and overlook the potential catastrophic loss they could face from an

By Matt Gracey Just as the heat of summer begins and ushers in hurricane season here in Florida, unfortunately other dark clouds are forming in the market for doctors’ medical malpractice insurance. For the last twelve years malpractice premiums have steadily decreased until the last few years of flat prices. As the frequency and severity

By Tom Murphy When it comes to preventing a data breach or cyber security issue at a medical practice, employers and employees should attempt to be as knowledgeable as possible to avoid making errors. This ultimately means that the practice needs a proven cyber security training program in place to make sure all employees are