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Insurance Topics | Medical Malpractice Insurance | NAIC Background Issue: Medical professional liability insurance, sometimes known as medical malpractice insurance, is a type of professional liability insurance that protects physicians and other licensed health care professionals (such as dentists and nurses) from liability associated with wrongful practices resulting in: It also protects them from the cost of defending lawsuits related to such
MO077 - National Association of Insurance Commissioners The policy limits of the medical professional liability insurance policy covering the claim; The medical specialty of the provider who was primarily responsible for the medical malpractice incident that led to the claim; The type of health care facility where the medical malpractice incident occurred;
GUIDELINE FOR IMPLEMENTATION OF MEDICAL PROFESSIONAL LIABILITY CLOSED . . . Closed claim databases have proven to be an important resource for legislators, insurance commissioners, and others who seek to understand the dynamics of medical professional liability insurance markets and related public policy issues
NAIC Releases 2024 Market Share Data The Property Casualty Market Share report contains cumulative market share data for the following lines of business: personal auto, commercial auto, workers' compensation, medical professional liability, homeowners, and other liability (excluding auto liability) insurance Highlights from the report include:
Small Business Insurance Whether you have one or a few hundred employees, sell products or offer services, or command your operation from inside or outside your home, your insurance considerations as a small business owner are quite different from those of an individual consumer
Glossary of Insurance Terms NAIC’s consumer insurance glossary provides definitions of common insurance terms, helping consumers easily understand key concepts across health, auto, life, and home insurance It is helpful for beginners and policyholders seeking explanations
Insurance Topics | Risk Retention Groups | NAIC Explore the unique world of Risk Retention Groups (RRGs) - member-owned liability insurers operating under specific federal and state laws, offering tailored, multi-state insurance solutions
Model Laws - National Association of Insurance Commissioners The National Association of Insurance Commissioners model law development process helps provide uniformity while balancing the needs of insurers operating in multiple jurisdictions with the unique nature of state judicial, legislative and regulatory frameworks
Microsoft Word - 2020-34BWG. doc - National Association of Insurance . . . Insurance coverage protecting a licensed health care provider or health care facility against legal liability resulting from the death or injury of any person due to the insured’s misconduct, negligence, or incompetence in rendering professional services Medical Professional Liability is also known as Medical Malpractice
Insurance Topics | Social Inflation | NAIC Overview: The lines of business most affected by social inflation include commercial auto (especially the trucking industry), professional liability, product liability, and directors and officers liability insurance