Tuesday, July 16, 2013

Cover Your Assets

A CT Gyn has had his personal assets seized to satisfy a plaintiff's verdict of $5 million which exceeded his liability insurance policy limit of $1 million. 

... An even more important lesson may be that a $1 million malpractice insurance policy limit may be inadequate for some specialties.

Regardless of the facts of the case, there is something terribly wrong here. And they wonder why defensive medicine exists.


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