malpractice insurance


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malpractice insurance

A generic term for an insurance policy purchased by health professionals to cover the costs of paying for legal fees and damages that a court of law might award a plaintiff alleging that the covered party committed one or more negligent acts that resulted in some form of tangible (compensable) harm.
References in periodicals archive ?
But the company once only offered malpractice insurance, Jenkins said, it's branched out in the past decade to offer human resource consulting, cyber security coverage, compliance consulting, wealth management and retirement planning.
Like CNA, MedPro also largely exited the medical malpractice insurance market nationwide in 2004, including a complete cessation of business in our state.
So far, industry analysts have not seen a definitive impact on medical malpractice insurance rates from the law, Mr.
It is a fact Physician malpractice insurance rates vary by practice.
"In 1999, legislation was passed to dissolve the Medical Malpractice Insurance Association ('MMIA'), the market of last resort for medical malpractice insurance.
* take money from franchisees to pay for FODO malpractice insurance without express permission
Cinoman was required in February 1999, as a condition of his privileges, to maintain medical malpractice insurance separate from that afforded him by any insurance provided by Defendants?" The court noted that an affidavit signed by Dr.Simmons stated that he believed Dr.
The prevailing wisdom has always been that CPA firms need to carry malpractice insurance. Nevertheless, many smaller firms do not actually have such coverage--roughly half of all CPA firms {as opposed to individual CPAs) do not have malpractice insurance, raising the question of whether malpractice insurance makes sense for all CPA firms.
The main question we want to address in this article is why two types of contracts that cover the same risk exposure exist in the medical malpractice insurance industry whereas only one exists primarily in other insurance lines.
My first article for this column five years ago advised nurses to purchase and maintain malpractice insurance warning, "If you think it will never happen to you, think again!" However, many nurses are still gambling with their licenses as they practice unprotected.
ARKANSAS' 2003 TORT reform is being credited with curbing medical malpractice insurance rates and bringing new carriers to the state.
Top US Democratic lawmakers introduced legislation on Thursday to eliminate a half-century-old antitrust exemption for health insurance and medical malpractice insurance companies amid concerns over rising premiums.