Sinking Ships and Failing Concerns-Is Your Medical Malpractice Insurance in Jeopardy?
Over the last twelve months several medical malpractice insurance risk retention groups and companies have gone or are going the way of the Titanic. This creates a multitude of problems for their insureds, a range of bad to worse. Bad enough to have paid a premium for medical malpractice insurance that is now worthless. Worse if you have an open claim being defended by a company that has now abandoned you. If you purchased your medical malpractice insurance through a reputable agent, most likely your agent has contacted you and facilitated changing your coverage to a financially stable company. However, if you are with a “direct-writer”, meaning you placed our coverage directly with the insurance company, you have no advocate to advise you and to represent your best interests. If you have any concerns about the financial viability of your current malpractice insurance company, contact one of our agents, we would be happy to assist you. 1-866-321-8745, extension 101 or 104.