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It's not so nice to share.(Letters)(Letter to the Editor)
Lawyer C. Mitchell Goldman said that once a lawsuit is Filed, the legal defense may be more difficult to pursue ("Malpractice Insurers Focusing on Risk Management," Oct. 1, 2003, p. 25).
If physicians report incidents early, he said, they may be able to keep lawyers out of it before it becomes a loss. I strongly disagree.
I was told the same thing many years ago by insurance carriers and attorneys. In over 20 years of practice, I have been diligent in letting my insurance carriers know whenever there was a case that might be a problem or if an incident that occurred with a result that may not have been as acceptable to the patient as desired.
With the difficulty we have in obtaining malpractice insurance in Illinois, I have found that my honesty has been used against me by insurance carriers who not only use cases, but incidents, as reasons to either not give insurance or to raise their rates. One carrier told my insurance agent that, because of previous "exposures," I could not obtain adequate affordable insurance. These exposures were incidents as well as filed cases. As a matter of ...
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For Brothers Strong, a remodeling firm in Houston, the difficulty began in January 2003, when its insurance carrier announced it was pulling out of the Texas market and canceled the company's general liability policy. Several other carriers also pulled out of Texas around the same time, leaving
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- Press release article from: Business Wire May 29, 2007 700+ words
...objective, independent risk management consulting and due diligence...financial expertise, the new risk management advisory practice is an...former leaders of national insurance carriers and Fortune 500 risk management departments. They have...
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...everyone involved in the risk management process, and then see...integral catastrophe risk management tool, especially for insurance carriers and their insureds...evaluate their catastrophe risk management knowledge and skill...
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- Press release article from: Business Wire October 21, 2009 700+ words
...and at anytime." "Risk management is a 24/7 operation...technology needs of risk management professionals, as well as insurance carriers and third-party administrators...supports comprehensive risk management, enterprise risk management...
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- Press release article from: Business Wire June 23, 2009 700+ words
...adopting an enterprise risk management approach. Through Marsh...technology needs of risk management professionals, as well as insurance carriers and third-party administrators...supports comprehensive risk management, enterprise risk management...
Source: HighBeam Research, It's not so nice to share.(Letters)(Letter to the Editor)