PLUS Healthcare & Medical PL Symposium Provides Leading Industry Insights

Presenter: Robin Davis, Conning
In this session, Davis provided attendees valuable insights in the recent trends in medical malpractice, including why medical malpractice rates are rising, why exposures are declining, and emerging risks insurers should be aware of.

Moderator: Chris Wojciechowski, K2 Insurance Services; Panelists: Bruce Dmytrow, CNA; Jean Paul Rebillard; MedPro Group; Deepika Srivastava, The Doctors Company
The panelists in this session discuss the good, the bad, and the ugly in medical professional liability. The session touched on macro themes and cycles of history, and how that relates to insurance. They also discussed how societal and external issues impact insurance profitability, insurance rates and costs, and industry volatility.

Moderator: John Telenko, MedPro Group; Panelists: Richard Henderson, Trans Re; Tara Gibson, Coverys; Gordon K. Wright, Cooper & Scully, P.C.
In this session, panelists discussed the concern of larger verdicts that hit the headlines in 2022 and 2023, and what factors go into the higher verdict outcome including a greater willingness to take cases to trial, political environment, social inflation, and media. The panelists discuss what insurers need to do in these heightened insurance climates.

With the current staffing crisis in healthcare facilities, it is key that professional liability insurance professionals are aware of the risks and how they can support insureds in identifying areas of opportunity to improve patient safety and implement risk mitigation strategies. This session will review the existing staffing challenges that healthcare facilities face, including risks related to understaffing and supplemental staffing, and risks to patient safety and outcomes. Attendees will gain knowledge of the relevant claims data, questions to ask insureds/potential insureds regarding staffing-related policies and procedures, and strategies to mitigate risks and reduce medical malpractice claims.

Tragic in their facts and expensive to defend, dispute and/or indemnify, sexual abuse and molestation (SAM) claims continue to plague both society at large and the insurance industry in particular. This webinar will discuss the circumstances in which sexual abuse and molestation claims arise, best practices in both defense and risk management, and outline the impact of window or reviver statutes enacted by a number of state legislatures. Attendees will gain insight into the circumstances that give rise to SAM claims in medical facilities, the challenges of defending these claims, and risk management tools to try and minimize the development of these claims.

Private Equity will be the last session in the three-part Healthcare & Medical Professional Liability webinar series. This session will be instructed by John Livatino of Beazley.