Insurance Topics | Medical Malpractice Insurance | NAIC Issue: Medical professional liability insurance, sometimes known as medical malpractice insurance, is a type of professional liability insurance that protects physicians and other licensed health care professionals (such as dentists and nurses) from liability associated with wrongful practices resulting in: Bodily injury Medical expenses
MEDICAL PROFESSIONAL LIABILITY CLOSED CLAIM REPORTING MODEL LAW Table . . . B The policy limits of the medical professional liability insurance policy covering the claim; C The medical specialty of the provider who was primarily responsible for the medical malpractice incident that led to the claim; D The type of health care facility where the medical malpractice incident occurred; E
GUIDELINE FOR IMPLEMENTATION OF MEDICAL PROFESSIONAL LIABILITY CLOSED . . . A “Claim” means the same as in subsection 2A of the Medical Professional Liability Closed Claim Reporting Model Law B “Claim identifier” means the unique alphanumeric sequence assigned to a claim by the reporting entity as required by subsection 5A(1) of the Medical Professional Liability Closed Claim Reporting Model Law
Small Business - National Association of Insurance Commissioners Medical professional liability insurance, sometimes called medical malpractice, which protects physicians and other licensed health care professionals from liability associated with wrongful practices resulting in bodily injury, medical expenses and property damage, as well as the cost of defending lawsuits related to such claims;
Glossary of Insurance Terms - National Association of Insurance . . . Medical Professional Liability - insurance coverage protecting a licensed health care provider or health care facility against legal liability resulting from the death or injury of any person due to the insured's misconduct, negligence, or incompetence in rendering professional services Medical Professional Liability is also known as Medical
Consumer RSP State Enforcement - National Association of Insurance . . . Unimed Insurance Company; Professional Liability Insurance Company, LTD; Ledee and Associates, LLC; Professional Liability Insurance Corporation; PLIC Claims Management, Inc; Crowne Global Group, LTD; Medical Risk Associates, RPG, LTD; and Physical Malpractice Analysts, INC Violations: Transacting insurance business without a proper license
Insurance Topics | Terrorism Risk Insurance Act | NAIC Workers’ compensation, life, health, airline liability, and general liability insurance lines also paid out billions of dollars in claims After the massive financial losses from the 9 11 attack, reinsurers severely cut back on their terrorism coverage or stopped offering it altogether, putting a strain on U S insurers’ ability to cover
Insurance Topics | Social Inflation | NAIC A 2022 study by the Insurance Information Institute and the Casualty Actuarial Society found “social inflation accounted for $20 billion in commercial auto liability claims between 2010 and 2019 ”