Sentences with phrase «medical malpractice insurer»

The Legislature in 1985 passed a law allowing medical malpractice insurers to operate at a loss.

PRI's main competitor, the largest medical malpractice insurer operating in New York, is Latham - based Medical Liability Mutual Insurance Company.

Even though the law requires the state to do a deep analysis of medical malpractice insurers every five years, and make the findings available to the public, no report on PRI has been released for two decades.

Skelos then allegedly pushed through legislation favorable to PRI including a measure in the 2015 budget that prevented the state Department of Financial Services from liquidating medical malpractice insurers with a negative balance through 2019.

Newsday reported that the state budget passed April 1 renewed a provision preventing the state Department of Financial Services from liquidating medical malpractice insurers with a negative balance.

And in a June 23 newsletter to members, the Doctors Company — the nation's largest physician - owned medical malpractice insurer — said its group and other members of the coalition «worked to draft new federal medical liability legislation.»

In a lesser - publicized aspect of Skelos» trial, the former Senate majority leader is accused of arranging a no - show job for his son, Adam, at Physicians» Reciprocal Insurers, a financially struggling medical malpractice insurer on Long Island.

We handle large volumes of cases for the Medical Defence Union, Spire, Bupa, Nuffield and medical malpractice insurers such as Marketform, Allied World, RSA, QBE, and Mitsui.

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.»

With a team of over 60 specialist in 4 offices we provide advice on investigating and managing complaints and investigations and represent private medical malpractice insurers when claims are made throughout the UK.

The Legislature created a law in 1985 allowing medical malpractice insurers to operate at a loss; it has been renewed every few years.

Anthony Bonomo, a star witness in the federal corruption trial of former Senate Majority Leader Dean Skelos, has largely abandoned day - to - day management of the state's second - largest medical malpractice insurer and is unlikely to regain it, according to multiple people with knowledge of the matter.

«The most recent records and reports of the Florida Office of Insurance Regulation, and the annual reports of medical malpractice insurers, confirm that not only has the number of insurers providing medical malpractice insurance coverage increased,... the profits would probably shock most concerned.»

The report was compiled by the nation's biggest physician - owned medical malpractice insurer and is based on almost 1,500 claims filed against NPs and family medicine and internal medicine doctors from the time span of January 2011 through December 2015.

The provision prevents the state Department of Financial Services from liquidating medical malpractice insurers that have a negative balance.

When Adam Skelos felt that he was being «picked on» at his seldom - show job at a medical malpractice insurer, he called his father, then senate majority leader Dean Skelos, to help sort it out.

Prosecutors say Dean Skelos arranged for his son to receive more than $ 300,000 through bribes, gratuities and extortion payments from a major real estate developer, an environmental technology company and a medical malpractice insurer.

Prosecutors say the elder Skelos arranged for his son to receive more than $ 300,000 through bribes, gratuities and extortion payments from real estate developers, an environmental technology company and a medical malpractice insurer.

Medical malpractice insurers, however, are largely allowed to pick the rates for plans they sell to hospitals.

«Allowing a medical malpractice insurer to operate in the red is terribly risky,» said Ellen Melchionni, president of the New York Insurance Association, which represents property and casualty insurers.

Prosecutors also say Adam Skelos was paid over $ 100,000 by a medical malpractice insurer seeking to curry favor with his dad.

The indictment added to the accusations by claiming that Adam Skelos received more than $ 100,000 in payments and health benefits from a medical malpractice insurer.

The indictment returned Thursday says a medical malpractice insurer provided Adam Skelos with a no - show job while it lobbied his father on legislative matters.

Bonomo, an attorney, is a board member of Physicians» Reciprocal Insurers (PRI), a medical malpractice insurer.

PRI is a medical malpractice insurer that has donated heavily to top New York politicians, and figured prominently in the corruption trial of ex-Senate Majority Leader Dean Skelos.

At trial, the government had accused the elder Skelos of strong - arming three companies with a stake in state legislation — a major real estate developer, an environmental technology company and a medical malpractice insurer — into giving his son about $ 300,000 through consulting work, a no - show job and a payment of $ 20,000.

In explaining the conspiracy charge, the indictment alleges Adam Skelos earned $ 100,000 in salary and benefits from a medical malpractice insurer that was actively lobbying his father, then one of the most powerful men in state government.

In the trial, prosecutors persuaded the jury that Mr. Skelos and his son had used the father's official position to pressure a Manhattan developer, an environmental technology company and a medical malpractice insurer to provide Adam Skelos with roughly $ 300,000 via consulting work, a no - show job and a direct payment of $ 20,000.

If a medical malpractice insurer (such as PRI) went insolvent, its claims would be paid off out of the fund — increasing the assessments on other types of insurance companies.

The indictment largely corresponds to the complaint brought against the father and son — with the additional accusation that Dean took over $ 100,000 in payments and health benefits from a medical malpractice insurer that provided Adam with a no - show job, the New York Times reported.

New in the indictment are charges that Adam Skelos also received $ 100,000 from a medical malpractice insurer for a no - show job, when the insurer was lobbying the former Senate leader on legislation.

D'Amato, 78, who served 18 years as a US senator, owns a lobbying firm Park Strategies that had been doing work for PRI, a medical malpractice insurer, at the time.

At trial, prosecutors presented evidence that the elder Mr. Skelos, 68, used his position as majority leader to pressure a real estate developer, an environmental technology company and a medical malpractice insurer — firms that depended on his support as senator for legislation that benefited their interests — to provide Adam Skelos with consulting work, a direct payment of $ 20,000 and a job that required him to do virtually no work.

Conniff, a former assistant U.S. Attorney for the Southern District, questioned the testimony of real estate executive Charles Dorego and Anthony Bonomo, the head of a medical malpractice insurer, for being similar to each other.

For roughly three hours Tuesday afternoon, Mukhi detailed three «schemes» in which the senator and his son, Adam, were allegedly involved: with a real estate developer (Glenwood Management), an environmental technology company (AbTech) and a medical malpractice insurer (Physicians Reciprocal Insurer).

Mr. Skelos, 67, a Long Island Republican, and his son, Adam B. Skelos, 33, were found guilty on Friday of bribery, extortion and conspiracy charges, for schemes that exploited the senator's position to pressure a developer, an environmental technology company and a medical malpractice insurer to provide the son with hundreds of thousands of dollars in consulting fees and a no - show job.

Anthony Bonomo, who is the chief executive and owner of Physicians» Reciprocal Insurers — a medical malpractice insurer also called P.R.I., testified how he was afraid to fire Adam Skelos from his $ 78,000 - a-year job for which he rarely showed up.

At trial plaintiff's counsel attempted to impeach a defense expert with his history of payment from a medical malpractice insurer, by whom he had been paid on several occasions for testimony or opinions.

Fabricated stories of a «lawsuit crisis» and doctors fleeing During the last so - called «crisis» the state's largest medical malpractice insurer, ISMIE (Illinois State Medical Insurance Exchange) spent millions of dollars on a PR campaign to trick Illinoisans into believing there was an explosion of medical malpractice lawsuits in our state and, because of this, doctors were fleeing our state to practice medicine elsewhere.

SC09 - 301 — In Re: Standard Jury Instructions in Civil Cases — Report No. 09 - 05 (Medical Malpractice Insurer's Bad Faith Failure to Settle)

The list comes from a medical malpractice insurer.

In addition, Adam Skelos earned title insurance commissions from real estate developers with legislative business and more than $ 100,000 for a no - show job for Physicians Reciprocal Insurers, a medical malpractice insurer that was actively lobbying his father.