Social Inflation/Nuclear Verdicts
Show:
Jul 05, 2024
Trust Exercise: The Impact of Social Inflation
In this edition of “The Trust Factor,” a weekly newsletter from Fortune, Business and Finance Editor Nick Rockel shares insights from Robert White, President of The Doctors Company and TDC Group, on how social inflation increases the cost of healthcare.
Jul 02, 2024
Medical Malpractice Payouts Are Ballooning—and Insurers Are Warning It Will Cost Patients
Robert White, President of The Doctors Company and TDC Group, discusses how social inflation increases the price of healthcare. This article, originally appearing on Fortune.com, suggests that through tort reform, states may be able to contain social inflation’s effects on healthcare costs.
May 16, 2024
Illinois Jury Awards $41 Million to Stroke Victim
Robert White, President of The Doctors Company and TDC Group, discusses how each nuclear verdict increases the chances for additional large awards.
Apr 04, 2024
Rise of Mega Payouts: Physicians Are Now the White Whales
Robert White, President of The Doctors Company and TDC Group, discusses the unexpected emergence of nuclear verdicts in states where they were once considered rare.
Feb 21, 2024
Professional Liability: The Problem That Will Not Go Away
The frequency of malpractice claims in the United States has trended downward in the last 10 to 15 years, however, there is an upward trend in the “severity” of claims, driven in large part by “nuclear” jury verdicts. Cardiologists and other clinicians should always be aware that a lack of communication is a common causal factor in malpractice suits. Richard E. Anderson, MD, FACP, Chairman and CEO, The Doctors Company and TDC Group, investigates claim amounts and severity alongside three prominent physicians.
Feb 08, 2024
Malpractice Mega-Verdicts Hit Record High
Robert White, President of The Doctors Company and TDC Group, discusses how a rollback of tort reform could be a factor in the rise of nuclear malpractice verdicts.
Feb 02, 2024
Mega Malpractice Verdicts Against Physicians on the Rise
Robert White, President of The Doctors Company and TDC Group, discusses the impact nuclear verdicts have on costs for medical professionals.
Jan 16, 2024
What U.S. Healthcare Will Look Like in 2033
American healthcare faces persistent issues with consolidation, workforce shortages, integration of new technologies, and unrelenting economic pressure. Technologies such as clinical decision support (CDS) and other artificial intelligence (AI) tools have continued to emerge, offering both promise and risk. Meanwhile, even as long-standing care and business models are upended, the ripple effects of COVID-19 continue.
Dec 27, 2023
2024 Prediction from Robert E. White Jr.
Robert E. White Jr., President, The Doctors Company, part of TDC Group, offers his prediction for how social inflation will impact practices’ medical malpractice premiums in 2024.
Dec 19, 2023
Patient Safety Predictions for 2024
Robert E. White Jr., President, and Laura Kline, MBA, CPCU, Senior Vice President of Business Development, The Doctors Company, part of TDC Group, offer their predictions for what will happen in patient safety and healthcare quality in 2024.
Oct 01, 2023
Can Damage Caps Contain Social Inflation, Even as Medical Malpractice Verdicts Keep Increasing?
Elizabeth Healy, Vice President of Government and Community Relations, The Doctors Company, part of TDC Group, discusses the wide-ranging ripple effects of social inflation on the medical malpractice industry.
Sep 01, 2023
Inflationary Pressure on Medical Liability Reforms Increasing
Across the nation, inflation is affecting medical liability reforms and making it difficult to defend hard-won protections.
From
The Doctor’s Advocate
Jun 16, 2023
Unveiling the Hidden Impact of Social Inflation: Soaring Costs for Medical Professionals Revealed
Robert White, President of The Doctors Company and TDC Group, discusses the hidden impact of social inflation on costs for medical professionals.
May 18, 2023
Social Inflation Drives Up Malpractice Payouts—and Insurance Rates
Robert White, President of The Doctors Company and TDC Group, discusses the impact of social inflation on the medical malpractice industry.
Jan 23, 2023
Medical Malpractice Claims-Made Social Inflation and Loss Development Report
Using insurance company annual statement data, the “Medical Malpractice Claims-Made Social Inflation and Loss Development Report” estimates that in the decade ending in 2021, between $2.4 and $3.5 billion, or 8 to 11 percent, of all medical malpractice losses incurred by physician-focused insurers stemmed from social inflation.
Jan 23, 2023
Social Inflation Increases Med Mal Losses: Study
This article features data from The Doctors Company's study “Medical Malpractice Claims-Made Social Inflation and Loss Development Report.”