Medical malpractice coverage insures doctors and other health professionals against claims of negligence or misconduct over patients injured or killed during treatment.
Senate Bill 302, drafted by the state’s Department of Insurance, would have required companies to keep higher cash surpluses on hand, created a mechanism for charging premiums on doctors even after they canceled coverage, and boosted the state’s power to regulate poorly performing companies.
While Schaaf’s opposition to new regulations has been loud, it rarely has come with the acknowledgement that his business would be directly affected if they became law.