medical liability Archives - Carrier Management

Whistleblower Sues Abbott for $1 Billion in Trial Over Stent Marketing

Abbott Laboratories is accused in a trial that started Tuesday of marketing unapproved stents for unsuspecting patients and cheating Medicare, as a whistleblower seeks more than $1 billion, a risk ...

Hospital Plaintiff Joins ‘Superbug’ Lawsuit Against Endoscope Maker Olympus

A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put ...

Endo Forks Over $400M to Resolve Vaginal Mesh Implant Liability Suits

Endo International Plc agreed to pay more than $400 million to resolve lawsuits alleging its vaginal- mesh implants eroded in some women and left them in pain, people familiar with the settlement ...

Coverys Acquiring Ohio Medical Liability Insurer OHA

FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio. ...

MPLI Lagging Commercial Lines Underwriting Cycle

Medical professional liability insurance (MPLI) is a smaller specialty property/casualty insurance underwriting segment that has generated strong annual underwriting profits since 2006, considerably ...