Pa. regulator is overruled by state court on malpractice-fund assessments

08/13/2013 | Insurance Journal

A Pennsylvania court has directed a recalculation of annual assessments under a state fund for supplemental medical-malpractice insurance. The court disagreed with state officials' decision to exclude accrued balances in determining the assessments. The state argued that the MCare fund would be stable if balances were allowed to accrue, but Judge Mary Hannah Leavitt wrote in the majority ruling that such a view "misses the mark." "Stability is not a value expressed in the MCare act, but a reduction in the cost of medical malpractice insurance is an expressed value," Leavitt wrote.

View Full Article in:

Insurance Journal

Published in Brief: