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Indiana Medical Malpractice Insurance Carrier Has Good Second Quarter

Posted by Guy DiMartino | Oct 31, 2014 | 0 Comments

Northwest Indiana medical malpractice lawyer discusses ProAssurance's 2nd quarter net profits.

ProAssurance is a nationwide medical malpractice insurance carrier that writes insurance policies for doctors and hospitals in 42 states.  In Indiana, ProAssurance has a good bit of the doctors' market.  A recent report noted that ProAssurance Corp., an Alabama based medical malpractice insurance company, posted $60.1 million dollars in net income for the quarter ending September 30, 2012.  The second quarter income was up about $13 million dollars from the same quarter in 2011.

Indiana is a great state for medical malpractice insurance carriers to write business because the insurance companies' risks are a known quantity.  This is because in Indiana the medical malpractice insurance company is only on the hook for $250,000 in proceeds.  If the value of an injured person's case is greater than the $ 250,000, the Indiana Patient Compensation Funds pays the rest up to the $1.25 million dollar cap on damages.

If you have any questions about a potential Indiana medical malpractice case, call our Northwest Indiana medical malpractice attorney at (219) 874-4878 or fill out the Internet consultation form on the right.

About the Author

Guy DiMartino

I have loved helping people in need for almost three decades.  It has been my privilege to serve people as their pastor, chiropractor, and lawyer.  The current focus of my legal practice and lifes passion is helping the seriously injured receive complete compensation for their injuries. I am a ...

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