Posted On:
May 20, 2009
New York Malpractice Insurer in Trouble
Physicians' Reciprocal Insurers, a Long Island medical malpractice insurance carrier than insures nearly 25% of New York state's physicians, is insolvent. It has a "negative surplus" of more than $43 million.
The problem? New York medical malpractice lawyers and their frivolous medical malpractice lawsuits? Hardly. Eliot Spitzer thought freezing medical malpractice premium hikes was a good idea. Shocker. Has Slate fired him yet?
