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BMS News

Mike Hollenbach – Physicians Insurer – MPL Feature

BMS Specialty Casualty Team EVP, Mike Hollenbach’s feature article on the MPL market and the repercussions of the Affordable Care Act on that market appeared in the 4th Quarter of the Physicians Insurer Magazine.

Click here to read the full article.

Reprinted from the fourth Quarter 2012 issue of Physician Insurer Magazine, Physician Insurers Association of America. Copyright, 2012.

Click here to read more about the BMS Specialty Casualty Offering

AM Best Video MPL Market – Mike Hollenbach & Sean McDermott

BMS’ EVP Specialty Casualty, Mike Hollenbach and SVP, Sean McDermott featured in an AM Best Video discussing topics around the state of the medical professional liability market, including what consumers are talking about and the implications of the Affordable Care Act on physicians’ practices.

Click here to view the full ‘Regulatory Preview’ video  on the AM Best Video Center.

Click here to view the Specialty Casualty Team Offering

The MPL Market – What’s the Prognosis?

Since 2006 the Medical Professional Liability (MPL) market has become increasingly competitive, but it remains both healthy and profitable, particularly when compared to other casualty lines. The key challenge faced by the Physician Insurers Association of America (PIAA) member companies is whether they can reverse the declining trend in profitability before the market hits the unprofitable levels experienced in the early 2000’s.

BMS’s recent analysis looks at the results of PIAA member companies (who make up more than 50% of the MPL market) from 2001 – 2010 to look at where results have been and where they might be heading.

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