Physicians and practice administrators need to prepare for the inevitable increase in medical malpractice insurance premiums at the next renewal. Many practices have already seen an increase at their 2019 renewal. The medical malpractice insurance market is changing, and premiums are going up. Physicians, hospitals, facilities, and other healthcare provider groups have enjoyed a little over a decade of steadily…
BLISCare is an established product that has covered over 40,000 procedures.
St. Louis, MO (October 16, 2017) – The Keane Insurance Group was recognized recently as the winner of the ProAssurance 2017 Philanthropic Award. The award was presented to John Keane, President of The Keane Group, and Brian Dames, COO, at ProAssurance’s 2017 Leadership Circle meeting in North Carolina in recognition of outstanding contributions to the community and profession. The award…
The Keane Group is proud to announce that we have partnered with NORCAL Mutual Insurance Company, the ninth largest medical professional liability insurance company in the country, to co-sponsor the Metropolitan Medical Society of Greater Kansas City, which serves over 3,000 physicians in both Missouri and Kansas. As sponsors, the Keane Group and NORCAL Mutual are helping to support the Medical Society’s…
Judge Richard Bresnahan has denied a motion by Timothy H. Trout, LLC (Trout) and Missouri Professionals Mutual (MPM) to dismiss tortious interference with business expectancies claims that Keane Insurance Group, Inc. (Keane) filed against those two companies in the Circuit Court for St. Louis County. The ruling, which was made on April 18, 2014, means the Keane Insurance Group, Inc.…
Did you know that The Doctors Company (TDC) has a wealth of information for physicians and practice managers on its website? The most recent addition is a new video, “Physician Leadership Elelments Transcend All Environments.” In fact, there is a series of over 30 brief videos on topics such as Leadership, Communication, Medical Malpractice Claims, Risk Management, and more. Subscribe to…
The largest medical malpractice insurance company in the U.S. , The Doctors Company (TDC), is expanding once again through its acquisition of Utah Medical Insurance Association, which insures 3,000 physicians in Utah, Montana, and Wyoming. This merger will bring significant value to physicians insured with UMIA through TDC’s A-rated financial strength, aggressive claims defense, and the benefits of a physician-owned…
Another medical liability insurance company recently announced the approval of a dividend for policyholders. This is not unusual these days. Mutual medical malpractice insurance companies that build surplus over and above operating costs, have more than adequate reserves for claims, and still have a profit after all other expenses often give the physician policyholders dividends either in the form of discounts…
The largest medical liability insurance company in the country announced April 30th that it will be giving its member physicians in 11 states dividends totalling $21 million as a reward for practicing good medicine and for their loyalty to the company. While this is great news, it’s neither a surprise nor an unusual event coming from The Doctors Company (TDC), which has given dividends…
Physicians and groups may have exposure to risks that their Medical Malpractice Insurance Policy doesn’t cover. A growing trend with MedMal carriers is to include some coverage for additional risks traditionally excluded. As an example, Medicus Insurance Company adds their Gold Advantage endorsement at no cost to all MedMal policies. This includes coverage for HIPAA Violations, Medical Board Reviews, RAC…