5 Signs You Are Dealing with an Unprofessional Medical Malpractice Insurance Company

Medical malpractice insurance is an insurance product specifically designed for medical professionals including doctors, nurses, and other healthcare professionals. At its core, medical malpractice insurance is similar to the professional liability insurance policies that businesses get to protect themselves from consumer lawsuits. Much like liability insurance, medical malpractice insurance helps doctors and other healthcare professionals to cover the cost of lawsuits filed by patients. Importance of Picking a Trusted Insurance Partner Medical malpractice insurance companies have the supremely complicated job of understanding the intricacies of medical care, insurance, and legal…

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Risk Management Services hurricane catastrophe model approved by Florida Commission

The residential property insurance marketplace in the state of Florida is expected to face an even greater amount of volatility after the modeling commission for the state approved the use of a new catastrophe model by Risk Management Services (RMS).  The RMS U.S. Model Version 11.0 was approved by the Florida Commission on Hurricane Loss Projection Methodology, which allows insurance companies to use it for the calculation of the potential exposure to hurricane loss.  That said, this model has not been without controversy, especially in terms of its changes to…

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