N.J. To Offer Backstop For Med-Mal Coverage
NU Online News Service, Sept. 15, 2:05 p.m. EDT?New Jersey Banking and Insurance Commissioner Holly Bakke issued an order last week to reactivate the Medical Malpractice Reinsurance Association to act as a reinsurer for the state's troubled medical malpractice carriers.
Commenting on her decision, Commissioner Bakke said she has ordered to reactivate the association to maintain availability in the med-mal marketplace for the Garden State and preserve patient access to physician services. "Reactivation is a necessary step in the department's ongoing efforts to assure the availability of coverage for New Jersey doctors," she said in a statement.
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