Tag: policyholders

Medscape data offers some perspective related to medical liability and malpractice litigation.

Given recent stories about insurers exiting the New York market due to financial difficulties, it is reassuring to know that New York’s leading medical liability insurer is sound and ready to serve its policyholders.

From beginning to end, the claims process (which may or may not be resolved in a trial) is long and can be quite grueling. However, it can make a difference to have confidence that you’re in attentive and capable hands.

The potential service disruption and financial loss caused by the closure of Health Republic Insurance of New York illustrates the importance of insolvency protection for all insurers (professional liability companies included).

How do you know what impacts your own practice of medicine and dentistry? How do you continue to manage risks and expenses?

As MLMIC celebrates its 40th anniversary, we have some great news for physician policyholders: the Superintendent of Insurance has accepted our recommendation that rates remain unchanged for the July 1, 2015 – July 1, 2016 policy year.

Good relationships with patients are important not only to patient health but also, according to the article’s author, “Doctors sued most often were complained about by patients twice as much as those who were not, and poor communication was the most common complaint.”

The knowledge and expertise of claims department staff is critical when it comes to professional claim handling and obtaining favorable outcomes in New York State.

MLMIC’s Board of Directors recently approved a 5 percent dividend for all MLMIC policyholders insured as of May 1, 2015.

To qualify, policyholders must be insured by MLMIC on February 1, 2015.