Sentences with phrase «in malpractice insurance premiums»
With more lawsuits against large firms for malpractice, firms large and small will all experience something big: a big increase in malpractice insurance premiums.
http://legalblogwatch.typepad.com/ Not exact matches
He has said that «there is too much money on the table» in medical malpractice cases, which, he contends, drives up the cost of malpractice insurance premiums and health care overall.
(Many OB - GYNs stopped delivering babies in the past 10 years, unable to keep up with sky - high medical - malpractice - insurance premiums.)
However, the defendant's lawyers argued that state lawmakers included the possibility of retroactivity in the 2003 law because it was dealing with a medical malpractice «crisis» that was driving up insurance premiums for Florida doctors.
«Re-igniting the medical malpractice overhaul debate, a new study by Dartmouth College researchers suggests that huge jury awards and financial settlements for injured patients have not caused the explosive increase in doctors» insurance premiums.
«A new study by Dartmouth College researchers, published May 31 by the journal Health Affairs and reported yesterday in The Boston Globe, says that increases in doctors» insurance premiums are the result not of medical malpractice lawsuits, but of insurers» poor investments...»
Because malpractice insurance for lawyers is not mandatory in the U.S. (except in the state of Oregon), LAWPRO has been at the forefront of research into coverage models, claims trend analysis, premium setting, and many other aspects of insurance administration.
The underlying policy is that not having to defend against frivolous lawsuits will translate into suppressing the cost of medical malpractice litigation, which would in turn lower the cost of the medical malpractice insurance premiums charged to healthcare providers and so on up the chain.
In fact, California's medical malpractice insurance industry has become so bloated due to this cap, that «as little as 2 or 3 percent of premiums are used to pay claims» and «the state's biggest medical malpractice insurer, Napa - based The Doctors Company, spent only 10 percent of the $ 179 million collected in premiums on claims in 2009.&raquIn fact, California's medical malpractice insurance industry has become so bloated due to this cap, that «as little as 2 or 3 percent of premiums are used to pay claims» and «the state's biggest medical malpractice insurer, Napa - based The Doctors Company, spent only 10 percent of the $ 179 million collected in premiums on claims in 2009.&raquin premiums on claims in 2009.&raquin 2009.»
[T] here are other explanations for the dramatic rise in medical malpractice insurance premiums.»
Savings from caps have led to huge insurance industry profits, which «the insurance industry should pass... onto Florida physicians in the form of reduced malpractice insurance premiums, and it should no longer be necessary to continue punishing those most seriously injured by medical negligence by limiting their noneconomic recovery to a fixed, arbitrary amount.»
Malpractice claims can be stressful, can hurt your reputation, and can be costly (even if the only financial consequence to the lawyer is an increase in insurance premiums).