A.M. Best Assigns A++ Rating to PLICO, INC.
OKLAHOMA, OK and FORT WAYNE, IN – October 16, 2015 Independent rating agency A.M. Best today assigned PLICO, Inc. a financial strength rating of "A++ (Superior)," its highest rating and provided a stable outlook. Acquired last month by Berkshire Hathaway's MedPro Group, PLICO is the leading protector of Oklahoma healthcare providers' assets and reputations.
MedPro Group Finalizes Acquisition of PLICO
PLICO offices and policyholder services remain in Oklahoma while gaining the financial strength of Berkshire Hathaway's MedPro Group
Oklahoma City, OK and Fort Wayne, IN – September 2, 2015 – MedPro Group (MedPro), a Berkshire Hathaway subsidiary, announced yesterday the completion of its acquisition of PLICO, Inc. (PLICO), one of the Southwest's premier healthcare liability insurers, from the Oklahoma State Medical Association (OSMA)...
Berkshire Hathaway's MedPro Group to Acquire PLICO Insurance
PLICO offices & policyholder services to remain in OK … financial strength rating upgrade likely
Oklahoma City, OK and Fort Wayne, IN – July 8, 2015 – PLICO, Inc. (PLICO), one of the Southwest's premier healthcare liability insurers, the Oklahoma State Medical Association (OSMA), and Berkshire Hathaway's MedPro Group (MedPro) today announced the signing of definitive agreements for the sale of PLICO to MedPro...
MedPro Group and the Hispanic Medical Professional Liability Association (Asociación Hispana de Responsabilidad Profesional Médica – AHRPM) Announce a New Program for the Hispanic Medical Community
MedPro Group, Berkshire Hathaway's dedicated healthcare liability solution, is pleased to announce a new program for members of the Hispanic Medical Professional Liability Association (AHRPM), an affinity group for Hispanic healthcare professionals residing in the United States.
MedPro Group's A++ Ratings Reaffirmed by A.M. Best
Healthcare liability leader also highlights recent achievements
MedPro Group (MedPro) is pleased to announce that A.M. Best has reaffirmed the A++ (Superior) ratings of its members, including The Medical Protective Company, Princeton Insurance Company and MedPro RRG Risk Retention Group.
Illinois: Accommodations for Storm-affected Policyholders
In response to the hardships caused by recent severe storms and tornadoes, and in accordance with Bulletin 2015-08 issued by the Illinois Department of Insurance, Medical Protective is making accommodations for policyholders in DeKalb and Ogle counties that were affected by the aforementioned storms and tornadoes. Specifically, affected policyholders will be given extended time periods to pay premium, report a claim, purchase an extended reporting endorsement, etc.
MedPro Group Names Charles Colburn President of Senior Care Division
MedPro Group, Berkshire Hathaway's (NYSE:BRK) dedicated healthcare liability insurance solution, today announced the appointment of Charles "Chuck" Colburn as President of its newly-formed Senior Care Division. Based in Chicago, Colburn will lead a robust Division offering a full range of healthcare liability insurance, claims and risk management solutions to senior care providers throughout the country.
MedPro Group's A++ Ratings Affirmed by A.M. Best
Berkshire Hathaway's dedicated healthcare malpractice solution also releases recent results and announces new industry association membership
MedPro Group is pleased to announce that A.M. Best has affirmed the A++ (Superior) ratings of all its members, including Medical Protective, Princeton Insurance and MedPro RRG. A.M. Best stated these A++ ratings "reflect the organization's excellent capital strength, strong national business profile and extended trends of favorable operating performance.
A.M. Best Affirms Ratings of The Medical Protective Company and Its Affiliates
A.M. Best has affirmed the financial strength rating of A++ (Superior) and issuer credit ratings of "aa+" of The Medical Protective Company (MedPro) (Fort Wayne, IN) and its three reinsured affiliates, Princeton Insurance Company (Princeton) (Princeton, NJ), MedPro RRG Risk Retention Group (MedPro RRG) and AttPro RRG Reciprocal Risk Retention Group (AttPro RRG) (both domiciled in the District of Columbia). The outlook for all ratings is stable.
MedPro Names Jean-Paul Rebillard President of Health System & Hospital Division
MedPro Group, Berkshire Hathaway's (NYSE:BRK) dedicated healthcare malpractice insurance business, today announced the appointment of Jean-Paul A. Rebillard as President of its Health System & Hospital ("HSH") division. Reporting to MedPro President & CEO Tim Kenesey, Rebillard will lead a $70 million division offering healthcare malpractice insurance and risk management solutions to healthcare systems, hospitals and self-insured entities throughout the Americas.
Illinois: MedPro Makes Payment Accommodations
In response to the hardships caused by recent severe storms and tornadoes, and in accordance with Bulletin 2013-18 issued by the Illinois Department of Insurance,Medical Protective will provide a sixty-day interest-free moratorium of cancellations or non-renewals of insurance policies in effect for policyholders affected by the aforementioned storms and tornadoes
MedPro Celebrates its Century of Risk Solutions at ASHRM
"Protector" begins its 100th year … Hospital & Health System division continues to grow
In connection with the American Society for Healthcare Risk Management's (ASHRM) 33rd Annual Conference on October 27-30, 2013 in Austin, Medical Protective Company (MedPro) a Berkshire Hathaway (NYSE:BRK) business, is pleased to highlight its celebration of the 100-year anniversary of Protector, and the continued growth and success of its Hospital & Health System (HHS) division.
MedPro's Fort Wayne Headquarters Expansion Complete
Addition supports continued growth and investments in employee wellness
Medical Protective Company, the nation's oldest, largest and highest rated (A++ by A.M. Best) healthcare malpractice insurer, is pleased to announce the completion of an expansion to its Fort Wayne campus, located at the corner of St. Joe Center and Reed Roads.
For over a century, Fort Wayne has been home to MedPro, and today about half of its 500 employees are based in Fort Wayne. Continued growth has resulted in the addition of 50 new jobs, with about a dozen still available in Underwriting, Information Technology, Project Management, and non-degreed Operations and Customer Service. Openings range from senior professional to entry-level positions and include opportunities for recent college graduates. In addition, MedPro has expanded its internship program with area colleges to help attract local talent after graduation.
Medical Protective Celebrates the 100-Year Anniversary of Protector
Medical Protective, the nation's oldest and highest rated healthcare malpractice insurer, is pleased to announce the 100-year anniversary of its renowned risk management journal, Protector.
"While healthcare risk management and patient safety initiatives are relatively recent focus areas for some, MedPro has been committed to helping our healthcare providers reduce risks and improve outcomes for their patients for over a century," said MedPro President & CEO Tim Kenesey. "As one of the nation's first healthcare malpractice risk management publications, Protector represents MedPro's unwavering commitment to our healthcare providers and their patients."
Iowa: MedPro Makes Payment Accommodations
In response to the hardships caused by severe storms and tornados, Medical Protective will work with insureds directly affected by making reasonable payment accommodations. To request payment accommodations, please contact us at 800–4MEDPRO (800–463–3776), and we will be happy to discuss your immediate options.
Oklahoma: MedPro Makes Payment Accommodations
In response to the hardships caused by severe storms and tornados, Medical Protective will work with insureds directly affected by making reasonable payment accommodations. To request payment accommodations, please contact us at 800–4MEDPRO (800–463–3776), and we will be happy to discuss your immediate options.
A.M. Best Assigns Highest A++ Rating to Princeton Insurance Company
Independent rating agency A.M. Best today upgraded Princeton Insurance Company's financial strength rating to "A++ (Superior)," its highest rating, and provided a stable outlook. . Acquired by Berkshire Hathaway's Medical Protective (MedPro) at the end of 2011, Princeton is the leading protector of the assets and reputations of New Jersey healthcare providers...
Medical Protective Announces Expansion of Specialty Advisory Boards
Medical Protective, the nation's oldest and highest-rated healthcare malpractice insurer, announced the expansion of its doctor-driven specialty advisory boards earlier this month at the MedPro National Advisory Board Meeting in Chicago...
MedPro Makes Payment Accommodations Due to Superstorm Sandy
November 12, 2012 – In response to the hardships caused by Superstorm Sandy, Medical Protective will work with insureds directly affected by Sandy by making reasonable payment accommodations....
MedPro Debuts Educational Malpractice Mock Trial
MedPro announces the launch of a 22-minute video that highlights the realistic and unpredictable nature of a malpractice trial. Most in the healthcare community have not witnessed or been involved in a malpractice trial...
MedPro's New Educational Microsite Explains Differences In Consent Provisions
MedPro debuts an educational microsite that outlines why consent provisions in your malpractice policy really do matter. A consent provision spells out whether you have control in settling a malpractice claim...
MedPro Launches Microsite Highlighting Occurrence Coverage Benefits
MedPro releases a highly informative microsite that explains the often confusing differences between occurrence and claims-made policy types. This educational resource illustrates...
Medical Protective Delays Payment Requirements Due to Ohio Disaster Emergency Order
July 19, 2012 - In response to recent severe storms on June 29th, and in accordance with Bulletin 2012-02 issued by the Superintendent of Insurance, Medical Protective will provide a 60-day extension for premium payments...