Medical Malpractice Insurance in West Virginia
Medical malpractice insurance covers doctors and other professionals in the medical field for liability claims arising from their treatment of patients.
The cost of medical malpractice insurance began to rise in the early 2000s after a period of essentially flat prices. Rate increases were precipitated in part by the growing size of claims, particularly in urban areas. Among the other factors driving up prices was a reduced supply of available coverage as several major insurers exited the medical malpractice business because of the difficulty of making a profit.
New research suggests that premium increases for medical malpractice insurance may be moderating, but with rising costs of litigation expenses and new health care reform in the works, the medical malpractice insurance premiums should be reviewed annually and compared among several carriers.
Yeager Insurance & Financial Services represents 23 medical malpractice insurers, all of which have attained an A.M. Best Rating of “A” or better. These insurers include:
Darwin (AWAC)
First State (Hartford)
FPIC
GenStar
Hiscox
Hudson
Intermed
Interstate
Ironshore
James River
Lloyds
Max
Medical Protective & National Fire & Marine
Medmarc
NAS
Norcal
One Beacon (Homeland)
Rockbridge
Rockhill
RSUI (Landmark)
Markel Evanston
United National/Diamond State
Zurich
Yeager Insurance & Financial Services is an independent insurance and financial services agency serving West Virginia. To learn more about how we can serve your insurance and financial needs, please contact us at (304) 757-3900. You may also use this site to submit requests for insurance quotes 24 hours a day, 7 days a week.
