Momentum Building For Medical Malpractice Captives
With medical malpractice rates skyrocketing in some states, groups of physicians, hospitals and nursing homes are looking to form captive insurers for liability coverage. U.S. domicile regulators and captive administrators report skyrocketing requests for information.
“We're getting four inquiries a week,” said Derek White, assistant director, captive insurance for the Vermont Department of Banking, Insurance and Securities. “In fact, I'd say a third of the phone calls we're getting are probably to do with med mal.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
