 |
PROPERTY,
CASUALTY & MEDICAL PROFESSIONAL LIABILITY
There
are a dozen licensed, AM BEST A- rated, admitted medical professional liability
carriers in California alone. These carriers insure everything from physical therapists
to hospital medmal risks. Below is a partial list of our favorite insurance companies
for physicians, surgeons, groups & clinic risks. We access other companies
when price, product or the unique profile of our client's risk or location warrants.
However, 95% of the time, these are the long term, health care industry underwriters
we turn to.
| American
International Group (AIG) | |
Health Care
Industry Companies: American Home Assurance Co., American International Specialty
Lines, Illinois National Insurance Co., National Union Fire Insurance Company
of Pennsylvania, Lexington Insurance Company. | |
Policy Types: Medical Malpractice, Errors & Omissions, General Liability,
Directors & Officers, Worker's Compensation, Employment Practices Liability,
Automobile Liability, Fraud & Abuse /Billing Errors & Omissions, Unusual
Risk Policies. | |
AM Best Rating: A+ |
| Admitted
and Non-Admitted Forms Available | |
Narrative: AIG is one of the world's largest and most successful insurance
and financial services companies. AIG Group companies provide medical professional
and related coverage's for IPA's, MSO's, MCO's and miscellaneous healthcare facilities.
In 2001, AIG cut back its writing of physicians, but is still a major player in
excess limits and healthcare facility risk. Recently, AIG's appetite has increased
for large healthcare risks. A True Multi-National Company. |
| | CNA
Insurance Companies | |
Health Care
Industry Companies: Columbia Casualty Company, Continental Casualty Company,
National Fire Insurance, The Hartford. | |
Policy Types: Medical Malpractice, Errors & Omissions, General Liability,
Directors & Officers, Workers' Compensation, Employment Practices Liability,
Automobile Liability, Fraud & Abuse /Billing Errors & Omissions, Unusual
Risk Policies. | |
AM Best Rating: A | | Admitted
and Non-Admitted Forms Available | |
Narrative: CNA is a very strong and financially sound underwriter with
a diverse and lengthy history in health car industry products. We work with both
the Oregon (regional office) and Chicago (home office) major accounts unit of
CNA. A True National Company. |
| | Medical Protective |
|
Policy Types: Medical Malpractice, P & S and DDS |
|
AM Best Rating: A+ | | Admitted
& Non-Admitted Forms Available | |
Narrative: Fort Wayne, Indiana based, MedPro is largely thought of as the
first medical underwriter in the U.S. Historically, MedPro operated close to their Fort Wayne home. However,
when G. E. acquired the large, privately held company in 1997, later sold to Berkshire Hathaway, expansion of this
successful franchise quickly took root. A True National Company. |
| | NORCAL
Mutual Insurance Company | |
Policy Types: Medical Malpractice, Errors & Omissions, General Liability,
Unusual Risk Policies. | |
AM Best Rating: A | | Admitted
Forms Available | |
Narrative: Another doctor-owned, mutual carrier. Primarily a California
writer. We expect NORCAL to continue to be an industry
leader and to seek growth both inside and outside of California once the current
hard market cycle abates. We work with NORCAL's San Francisco home office. |
| | The
Doctors Company/TDC | |
Health Care
Industry Companies: TDC, Professional Underwriters Liability Insurance Company/PULIC,
Underwriter For the Professions/UFTP. | |
Policy Types: Medical Malpractice for doctors, hospitals and health professionals. |
|
AM Best Rating: A- |
| Admitted
and Non-Admitted Forms Available | |
Narrative: A solid, large doctor owned carrier, that continues to grow.
TDC uses both captive agencies and brokers for production. PULIC is open broker
and operates as their standard market. TDC can handle preferred soloists to very
large groups and an occasional large standard risk. |
| | The
SCPIE Companies | |
Health Care
Industry Companies: American Healthcare Indemnity, American Healthcare Specialty,
SCPIE Indemnity Company | |
Policy Types: Medical Malpractice, Errors & Omissions, General Liability,
Directors & Officers,, Fraud & Abuse /Billing Errors
& Omissions, Unusual Risk Policies. |
|
AM Best Rating: B |
| Admitted
Forms Available | |
Narrative: Once a very solid company, whose performance led them to demutualize
and become a New York stock exchange public company, listed in 1997. They offer
a wide array of medical professional liability coverage for the health care industry.
They are a California-only market having found financial difficulty in their expansion. |
|
This is only a partial list. Call for specific details
about your needs.
Our
specialization in health care provides our clients unparalleled services, matching
their needs to the right company, at the best possible value for their premium
dollars.
Click here for information
about the insurance companies that are for providers with special needs.
For more details, please call us at 800-435-6565 or email us at info@bbsocal.com
|
|  | |
|
