Professional Casualty Association, a medical professional liability company, has been approved for operations in Michigan as a licensed and admitted carrier and is now offering coverage in the state.
"We at Professional Casualty Association are pleased to serve as a strong financial partner, providing … personalized service that health care providers can depend on to defend their interests against allegations of negligence," says Jonathan Lanesky, vice president of marketing and claims for the Pennsylvania-based company.
He says the company picked Michigan — the only other state it operates — because of strong connections to a substantial block of physician business in the state.
Lanesky says the association, which has been authorized to write medical malpractice in Pennsylvania for nearly 15 years, will introduce a competitively priced, defense-oriented insurance product to the Michigan health care community.
He says the liability insurance includes the coverage options of $100,000/$300,000; $200,000/$600,000; and $500,000/$1,000,000. Coverage is available for allied health professionals, including midwives, physician assistants, and nurse practitioners. The insurance also includes defense outside the limits (expenditures the company incurs in the investigation), tail coverage options (an extended reporting period endorsement, which allows an insured physician the option to extend coverage after the cancellation of a claims-made policy), and physicians' full consent to settle.
The company's products will be offered through a set of retail and wholesale producer relationships.