Medical Protective: News Archive

A.M. Best Assigns A+ Rating to Princeton Insurance Company

PRINCETON, NJ and FORT WAYNE, IN – May 4, 2012 – Independent rating agency A.M. Best today assigned Princeton Insurance Company an initial financial strength rating of "A+ (Superior)." The outlook is "positive", meaning that a further upgrade – to A.M. Best's highest A++ rating – is "possible in the future" if Princeton's "favorable financial and market trends continue." Acquired by...

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Medical Protective Suspends Cancellations Due to KY Executive Order

FORT WAYNE, IN – March 22, 2012 – In response to recent severe storms, flash floods and tornadoes and in accordance with Bulletin 2012-196 issued by the Kentucky Commissioner of Insurance and Governor of Kentucky, Medical Protective will provide a moratorium for...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to Ohio Disaster Emergency Order

FORT WAYNE, IN – March 21, 2012 – In response to recent tornadoes and severe storms and in accordance with Bulletin 2012-01 issued by the Ohio Commissioner of Insurance, Medical Protective will provide a 60-day moratorium for cancellation of any insurance policy in effect for any policyholder in Clermont County directly affected by the storm events and...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to Indiana Disaster Emergency Order

FORT WAYNE, IN – March 7, 2012 – In response to recent tornadoes and severe storms and in accordance with Bulletin 191 issued by the Indiana Commissioner of Insurance, Medical Protective will provide a 60-day moratorium for cancellation of any insurance policy in effect for any policyholder directly affected by the disaster events residing within the impacted areas...

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Medical Protective Acquires Princeton Insurance

Princeton offices & policyholder services to remain in New Jersey…

Princeton policyholders to benefit from Berkshire Hathaway's unmatched financial strength

NEW YORK, NY, PRINCETON, NJ and FORT WAYNE, IN – January 3, 2012 – Medical Protective Company (MedPro), a Berkshire Hathaway (NYSE:BRK) subsidiary, announced today that it has completed the acquisition of Princeton Insurance Company (Princeton) from Medical Liability Mutual Insurance Company...

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Dr. Graham Billingham Joins Medical Protective as Chief Medical Officer

Highly-qualified Physician, Practice Manager, Insurance Executive & Patient Safety Advocate

FORT WAYNE, IN – November 4, 2011 – Medical Protective Company (MedPro), a Berkshire Hathaway (NYSE:BRK) subsidiary, today announced the appointment of Dr. Graham Billingham as its Chief Medical Officer, effective January 1, 2012. As Chief Medical Officer, Dr. Billingham will lead MedPro's Healthcare Advisory Boards, support MedPro's clinical underwriting, claims, risk management and sales efforts, and join MedPro's Business Council – the management team that helps oversee the company's strategic direction and ensures continued industry leadership...

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Medical Protective Volunteers Step Up on Annual Days of Caring

Employees to support Charis House and Matthew 25 Health and Dental Clinic on October 13 and 20

FORT WAYNE, IN – October 12, 2011 – Employees from Medical Protective's Ft. Wayne headquarters will provide needed support to Charis House located at 431 Fairmount Place. Approximately 40 MedPro volunteers will work from 1 to 5p.m. tomorrow to assemble and remove bunk beds as well as landscape a newly cleared park area. (Medical Protective has partnered with Gary Lallo at Lawnscape to have the lot cleared.)

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Medical Protective to Acquire Princeton Insurance

Princeton offices & policyholder services to remain in New Jersey…

Princeton policyholders to benefit from Berkshire Hathaway's unmatched financial strength

NEW YORK, NY, PRINCETON, NJ and FORT WAYNE, IN – September 28, 2011 – Medical Liability Mutual Insurance Company (MLMIC) and Medical Protective Company (MedPro), a Berkshire Hathaway (NYSE:BRK) subsidiary, today announced that they have entered into a definitive agreement for the sale of Princeton Insurance Company, one of the Northeast's premiere professional liability insurers for healthcare providers, subject to regulatory filings, review and approvals...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to North Carolina Emergency Order

FORT WAYNE, IN – August 31, 2011 – As mandated by the North Carolina Major Disaster Declaration, and in accordance with Bulletin 11-B-09 issued by the North Carolina Department of Insurance, Medical Protective will temporarily postpone all premium payments for insureds in affected counties. In addition...

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Hurricane Irene Recovery Questions & Answers

FORT WAYNE, IN – August 28, 2011 – Medical Protective has complied some common questions and answers in regards to those who wish to provide disaster relief in the wake of Hurricane Irene...

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Protecting Insureds Helping Hurricane Irene Victims

FORT WAYNE, IN – August 28, 2011 – Medical Protective has received inquires from policyholders across the country regarding the potential impact of their decision to provide emergency medical care to the victims of Hurricane Irene. We are proud to inform all of our insured healthcare providers that...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to Iowa Disaster Emergency Proclamation

FORT WAYNE, IN – June 20, 2011 – In response to a disaster emergency proclamation and in accordance with Bulletin 11-02 issued by the Iowa Commissioner of Insurance, Medical Protective will temporarily postpone all premium payments for insureds in affected counties bordering the Missouri River. In addition...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to South Dakota Emergency Order

FORT WAYNE, IN – June 16, 2011 – In response to the recent flooding in South Dakota, and in accordance with Bulletin and Order by the South Dakota Director of the Department of Labor and Regulation, Medical Protective will temporarily postpone all premium payments for insureds in affected counties. In addition...

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Medical Protective Delays Payment Requirements, Suspends Cancellations Due to North Dakota Emergency Order

FORT WAYNE, IN – June 14, 2011 – In response to the North Dakota Emergency Disaster Declaration, and in accordance with Bulletin 2011-1 issued by the North Dakota Insurance Commissioner, Medical Protective will temporarily postpone all premium payments for insureds in affected counties. In addition, a temporary suspension of cancellations and non-renewals for the insureds will also be in effect...

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Medical Protective's Highest Financial Strength Rating Again Affirmed

MedPro Companies still the only dedicated healthcare liability insurers with "A++" from A.M. Best

FORT WAYNE, IN – May 18, 2011 – Independent rating agency A.M. Best has again rated Medical Protective "A++" yesterday, affirming its highest possible financial strength rating. Medical Protective and its affiliate MedPro RRG Risk Retention Group continue to be the only dedicated healthcare liability insurers receiving the highest financial strength rating from A.M. Best...

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Medical Protective is Pleased to Offer Cyber Liability Coverage

MedPro CyberShield added to physicians' and surgeons' policies at no additional charge

FORT WAYNE, IN– February 21, 2011 – Medical Protective, the national leader in primary medical professional liability coverage and risk solutions, is pleased to announce it is now offering MedPro CyberShield, a cyber liability coverage product at no additional charge to policyholders...

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Medical Protective Aids Virginia Dental Association Foundation's Mission of Mercy

Supplies and equipment replenished after fire destroys building

FORT WAYNE, IN – November 3, 2010 – Medical Protective financially supported the Mission of Mercy (MOM) after a fire destroyed the Virginia Dental Association's headquarters in Richmond...

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A Superior Solution for Facial Plastic and Reconstructive Surgeons

MedPro teams with AAFPRS to offer discounts on medmal insurance coverage

FORT WAYNE, IN – August 16, 2010 – Medical Protective has teamed up with the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) and created The AAFPRS Medical Protective Insurance Program...

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Medical Protective's Highest Financial Strength Rating Reaffirmed

MedPro Companies still the only dedicated healthcare liability insurers with "A++" from A.M. Best

FORT WAYNE, IN – May 6, 2010 – Independent rating agency A.M. Best has again rated Medical Protective "A++," reaffirming its highest possible financial strength rating. Medical Protective and its affiliate, MedPro RRG, continue to be the only dedicated healthcare liability insurers holding the highest financial strength rating from A.M. Best...

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Phone Scam Alert!

Always protect your personal information

FORT WAYNE, IN – April 21, 2010 – It has come to our attention that a new phone scam is claiming that you owe money on your Medical Protective insurance balance and asks for your bank account information...

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Corporate Response Regarding Volunteer Healthcare Services to Victims in Haiti

MedPro is proud of the response of so many physicians and dentists who want to help victims

FORT WAYNE, IN – Feb. 5, 2010 – We know that many doctors have questions about possible liability issues that might arise out of treatment of this atypical group of patients. Medical Protective wants to assure its physicians and dentists that their professional liability policies will apply to volunteer services. The Medical Protective policy offers broad terms...

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Medical Protective Introduces Convertible-Plus Product

Allowing claims-made insureds to easily convert to occurrence coverage

FORT WAYNE, IN – July 15, 2009 – Medical Protective is pleased to announce that for a limited time, physicians in select states have the opportunity to convert their claims-made coverage to occurrence coverage, and also receive a discounted price and attractive financing options on their tail coverage...

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