Napa, California—October 22, 2024—Due to disruption to member medical practices from Hurricanes Helene and Milton and consistent with direction from state insurance regulation offices, The Doctors Company will adjust policy cancellation and premium installment due dates for affected members. Premium due dates have generally been extended in Florida, Georgia, North Carolina, South Carolina, and Tennessee.
The Florida Office of Insurance Regulation (OIR) amended its Emergency Order for members impacted by Hurricane Helene, and the premium payment grace period will now run from September 26, 2024, to December 10, 2024.
For Florida members affected by Hurricane Milton, the OIR issued an Emergency Order that provides a premium payment grace period that runs from October 8, 2024, to December 10, 2024.
The grace period is provided without interest or penalty to allow practitioners to care for patients and attend to their practices in the storms’ aftermath. Affected members should contact their agent or Member Services at (800) 421-2368 with any questions.
“We will do everything we can to assist our affected members,” said Deepika Srivastava, Chief Operating Officer of The Doctors Company. “Once the effects of Hurricanes Helene and Milton have passed, our underwriters will continue to work with any member who was unable to make policy payments because of the hurricanes and their aftermath.”
The Doctors Company is also encouraging its employees to volunteer and financially assist victims through qualified nonprofit organizations of their choosing.
About The Doctors Company
Founded and led by physicians, The Doctors Company (thedoctors.com), the nation’s largest physician-owned medical malpractice insurer, is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company helps physicians manage the complexities of today’s healthcare environment—with expert guidance, resources, and coverage—and is the only medical malpractice insurer with an advocacy program covering all 50 states and the federal level. The Doctors Company is part of TDC Group (tdcg.com), the nation’s largest physician-owned provider of insurance and risk management solutions. TDC Group serves the full continuum of care, from individual physicians to academic medical systems—over 110,000 healthcare professionals and organizations nationwide—with annual revenue of $1 billion and over $7.3 billion in assets. To learn more about our data-driven insights and to stay up to date on industry trends, follow and subscribe to The Doctors Company on X (@doctorscompany), YouTube, LinkedIn, and Facebook.