Telemedicine Today–How Are We Doing So Far? A look at claims experience makes it clear that telemedicine is challenging standard medical norms, particularly in the area of communications. In a rapidly evolving healthcare system, telemedicine is becoming an important tool for the delivery of healthcare. BY GINA HARRIS FREE
Options for MPL Companies to Deploy Their ‘Excess’ Capital After many consecutive years of strong underwriting results and equally strong bottom-line income, many medical professional liability (MPL) specialty writers have accumulated sizable capital positions, which can be deployed to generate additional returns for their stakeholders. BY ERIC WUNDER and BREKK HAYWARD Premium Content
Long-term Care Market Presents Opportunities for MPL Industry Michael Maglaras is the founder and Managing Principal of Michael Maglaras & Company, a division of A.E.M. Holdings, Ltd. IML wanted to ask Maglaras about the trends and key challenges in MPL for those who practice in the several settings now available to seniors for vital support and care. FREE
MPL Market Challenges Increase Pressure on AM Best Ratings M Best ratings on the medical professional liability (MPL) sector have been consistently positive for over the last decade, with a notable shift from lower financial strength ratings (FSRs) to “A-“ and from “A-“to “A.” BY RALPH CAGNETTA Premium Content
Perspective MPL Community Looking for a New Normal in a Changing Market Our industry was founded on the quest for high- quality medical care with an emphasis on risk management, loss prevention, patient safety, data analysis, and a concern for those who provide care for patients. There’s a growing undercurrent of change in our industry. As I speak to leaders in medical professional liability around the world, I’m struck by the dynamic marketplace and all the forces around us that will be shaping our future. BY PRESIDENT, BRIAN ATCHINSON FREE
MPL ASSOCIATION DSP New Data from the Data Sharing Project—Medication Error (2008–2017) New data from the DSP provides additional MPL cause of loss information. An ideal example is the allegation of medication error. FREE
Legislative Update What to Do with a Do-nothing Congress The phrase “do-nothing Congress” is attributed to President Harry S. Truman, who used it during his 1948 re-election campaign to belittle the Republican-led 80th Congress. BY MICHAEL C. STINSON Premium Content
Case and Comment What’s Required for a Physician-Patient Relationship? Medicine is a collegial profession, in both practice and theory. Most medical professionals have likely asked or received a request for a consultation at some point in their careers. BY KATE C. JOHNSON Premium Content
Risk Management Is It Migraine . . . or Something Worse? The Complexities, and Potential Liabilities, of Severe Headaches BY DANA MURPHY Premium Content
International Perspective Using Claims Data to Identify Top MPL Acute-Care Organization Risks in Canada Equipped with one of the largest medicolegal claims databases in Canada, Health Insurance Reciprocal of Canada (HIROC) embarked on a plan in 2011 to decode patient safety knowledge. BY JOANNA NOBLE Premium Content
Notable Trends Rearview Mirror: Investment Trends in 2018 and Beyond The Tax Cuts and Jobs Act of 2017 fundamentally altered the investment landscape for individuals, corporations, and, more significantly, property and casualty (P/C) insurers. The focal point of corporate tax reform was the lowering of the corporate tax rate, which was permanently reduced from 35% to 21%. BY LOUIS PELOSI Premium Content
Notes on North America Risk, Regulation and the Adoption of Artificial Intelligence in North America Once it has been widely adopted, observers predict that artificial intelligence (AI) will significantly improve healthcare and change the way patients receive care. BY DOMENIC CROLLA AND MARTIN LAPNER Premium Content
Tech Talk Application Programming Interfaces (APIs): What AreThey and What Do They Do? In computer programming, an application programming interface (API) is a set of subroutine definitions, communication protocols, and tools for building software. BY MARTIN LIPPIETT Premium Content
The Asset Side Maintaining Real Estate as a Core Insurance Holding U.S. real estate continues to perform well. Unlevered core total returns, as measured by the National Council of Real Estate Investment Fiduciaries Property Index (NPI), ticked up to 6.8% on a trailing four-quarter basis in the first quarter of 2019. BY DWS REAL ESTATE RESEARCH AND DWS SOLUTIONS—INSURANCE Premium Content