A.M.BestTV: Insurer Panel: Medical Professional Liability Insurance Facing Continued Change

OLDWICK, N.J.--(BUSINESS WIRE)-- This episode of ^A.M.BestTV looks at a recent webinar where a panel of medical and insurance professionals discussed new issues that are emerging in the medical professional liability insurance market (MPLI). Click on http://www.ambest.com/v.asp?v=mpliwebinar515 to view the video program.

A.M. Best’s Managing Senior Financial Analyst Charles Huber described the MPLI market as being stable but changing. “A.M. Best sees physicians moving out of private practice and into hospital employment and groups; as a result, many changes are taking place in tort reform, cyber liability and the healthcare delivery systems.”

Brian Atchinson, president and chief executive officer at The Physician Insurers Association of America addressed how these changes will impact the MPLI market in the future. “Right now it is a very competitive market, with a lot of pressure on pricing, but the uncertainty about the future and the enormous changes that are already taking place has produced an atmosphere where no one really knows how this is going to play out in the next three to five years,” he said.

Webinar panelists also include:

• Joseph Moody, president and chief executive officer at Healthcare Services Group; and
• Mary-Lou Misrahy, president and chief executive officer at Physicians Insurance a Mutual Company.

Click on http://www.ambest.com/webinars/mpli15 to view the entire webinar.

Recent episodes of ^A.M.BestTV include:

• Insurers Examine Impact of Concussion Risk: Highlights of a recent webinar where a panel of legal, medical and insurance professionals explore how concussions are changing the way high school, college and amateur sports are being looked at, coached and insured: http://www.ambest.com/v.asp?v=concussions515.
• ‘First Monday’: Medical Professional Liability Insurers Keep Momentum Going: Senior Financial Analyst Dan Teclaw discusses how the medical professional liability insurers that A.M.Best follows recorded a ninth straight year of underwriting profit in 2014: http://www.ambest.com/v.asp?v=mpli515.
• ‘First Monday’: Insurer Pessimism on a 2015 Interest Rate Hike Increasing, A.M. Best Survey Finds: Commentary on a recent A.M. Best survey of U.S. insurance companies on asset allocations, competition, capital management, enterprise risk management and interest rates: http://www.ambest.com/v.asp?v=fmsurvey515.
• ‘First Monday’: International Association of Insurance Supervisors Urged to Take Time on Insurance Capital Standards Work: The International Association of Insurance Supervisors’ development of international capital standards and the time frame for their adoption: http://www.ambest.com/v.asp?v=fmcapital515.

^A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View ^A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

A.M. Best Company

Lee McDonald, 908-439-2200, ext. 5561

Group Vice President, Publication and News Services

[email protected]

Source: A.M. Best Company