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Georgia Archives - Diederich Healthcare

Learning from the Past: Georgia leads the way in developing statewide patient safety initiatives

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Recently, MagMutual, a medical liability insurance company governed by the Medical Association of Georgia, has invested $50 million dollars in new patient safety initiatives. The investment came as a result of a net gain in MagMutual’s profits resulting from an overall reduction in claim activity against its insured’s since 2005. The company currently insures over 18,000 physicians in Georgia and will utilize all of their historical claim data to develop statistical analyses in an effort…

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2012 Southeast Medical Malpractice Payout Analysis

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As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2011 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. The data represented in this particular infographic is for the Southeastern United States. To view the infographic depicting the entire…

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Lower Medical Malpractice Insurance Premiums in the Southeast

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Doctors have seen the premiums for their professional liability insurance policies decrease for several years in a row throughout the Southeast.  Physicians have enjoyed decreases since 2004 in many states and now often pay less that 50% for their policies than they did six or seven years ago.  Many states have enacted tort reform and have placed caps on non-economic damages involving medical malpractice lawsuits.  Physicians in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina,…

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Georgia Medical Malpractice Insurance Market Update

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Georgia medical malpractice insurance premiums have been lowered due to multiple events that took place in 2011. Medical malpractice insurance carrier competition has created a Georgia marketplace where the physicians can benefit from lower costs of professional liability insurance coverage.  The following changes contributed to the rate decreases many physicians are now seeing in their practices: Medicus Insurance Company enters Georgia Mag Mutual announces $16.5 million dividend Norcal Mutual acquires Medicus Insurance Company The Doctors Company…

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