Napa, California—February 19, 2013—The Doctors Company, the nation’s largest medical malpractice insurer, announced today its latest video, “Malpractice Trends: Increases in Severity and Large Verdicts,” featuring Robert D. Francis, chief operating officer of The Doctors Company.
In the video, Mr. Francis notes that due to tort reform passed in some states between 2003 and 2005, the frequency of malpractice cases decreased and the rising cost of these cases began to slow. He warns that this favorable cost trend may be changing, with more frequent large losses of over $10 million. This is brought about, in part, by states striking down tort reform.
“The Doctors Company was founded by physicians who came together in the 1970s to pass historic legislation on behalf of doctors and tort reform in California,” said Stacy Schultz, vice president of marketing for The Doctors Company. “To this day, we continue to be a leader in advocating for and defending medical liability reforms throughout the nation in order to reduce the cost and frequency of these claims.”
To view the video and to subscribe to The Doctors Company YouTube channel, go to www.youtube.com/doctorscompany. To view more extensive data on the severity of malpractice claims, go to www.thedoctors.com/claimsseverity.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the nation’s largest medical malpractice insurer, with 73,000 members and $4 billion in assets, and is rated A by A.M. Best Company and Fitch Ratings.
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