Roughly one out of every $10 paid from medical malpractice claims over the past decade was due to social inflation, according to The Doctors Company. Social inflation is a term that describes the increase in insurance claims costs above general…
Ransomware attackers extorted 40% less money from victims in 2022 than the prior year, marking a positive trend in the fight against cybercrime. According to new research from Chainalysis, an American blockchain analysis firm, the total value extorted fell from…
AM Best gave the U.S. commercial insurance lines sector a stable outlook, which means they expect the status quo over the next 12 months. The stable outlook reflects AM Best’s expectation that commercial lines will remain profitable for insurers and…
A California Court of Appeal in Los Angeles ruled in favor of a Covid-19 policy in December for a well-loved restaurant in Sherman Oaks, that filed a business interruption claim with insurer Century-National. Many states have been siding with insurers…
By Lauren Sausser | Kaiser Health News MOUNT PLEASANT, S.C. — Most of the 30 volunteers who work at the 130-bed, for-profit East Cooper Medical Center spend their days assisting surgical patients — the scope of their duties extending far…
A new cyber risk for healthcare organizations is emerging internally from unsuspecting marketing departments, as insurers report increased claims from website tracking tools. Pixels are a newer way for websites to track users’ interactions and are so popular that most…
By Andy Miller | KHN Like many nurses these days, Alex Scala got a big pay hike when she switched jobs recently. Scala also received a welcome mix of assignments when she joined Pittsburgh-based Allegheny Health Network. She signed on…
With the courts resuming normal operations following two years of pandemic-related delays, many hospitals and health systems are seeing their medical malpractice expenses surge. According to a report from STAT News, the payouts to patients and families harmed by medical errors…
Insurers are encountering rate increases and closer scrutiny from reinsurers ahead of the Jan. 1 renewal season, according to reports. That could mean even higher premium rates for customers. Insurers are nearing the end of negotiations with reinsurers, which are…
By Katheryn Houghton | KHN Montana is signaling it might step away from an innovative way of setting the prices its public employee health plan pays hospitals for services, an approach that has saved the state millions of dollars and…
