[August 29, 2014] |
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NORCAL Mutual Begins Offering Medical Professional Liability Insurance Coverage in Delaware, Pennsylvania
SAN FRANCISCO --(Business Wire)--
NORCAL Mutual Insurance Company is now offering medical professional
liability insurance coverage to healthcare professionals in Delaware and
Pennsylvania. The company enters each of these states offering a new
enhanced policy with additional coverage options. Coverage was
previously offered by NORCAL Mutual's subsidiary PMSLIC Insurance
Company ("PMSLIC").
"Our promise to our policyholders has always been to provide the highest
quality products and services. We have upheld this commitment for many
years through our subsidiary PMSLIC in both Pennsylvania and Delaware.
We are excited to offer our new NORCAL Mutual policy in each of these
states and look forward to continuing the longstanding relationships
that have been cultivated over the years," said Ron Rumin, senior vice
president of business development for NORCAL Mutual. "We believe we have
crafted a policy that eets the changing needs of today's medical
practices. With enhancements to the information and network security,
and administrative defense coverages, coupled with the benefits of being
a member of a mutual company, our policyholders can rest assured they're
well covered."
NORCAL Mutual has been physician owned and directed for nearly 40 years
and currently offers coverage to more than 28,000 healthcare
professionals nationwide, along with its subsidiary companies PMSLIC and
Medicus Insurance Company. With the company's entry into Pennsylvania
and Delaware, NORCAL Mutual will phase out its presence as PMSLIC over
the next year. PMSLIC has served the medical communities of Pennsylvania
since 1976 and Delaware for the past ten years, and was acquired by
NORCAL Mutual in 2002.
"We are building a stronger company for our policyholders," Rumin said
of this transition. "We're introducing a new policy into more markets,
and also integrating our operations to be more efficient while improving
the services available to our insureds. Our level responsiveness and
quality of service has been a hallmark of PMSLIC, and policyholders can
expect no less from NORCAL Mutual. It's an exciting time for our company
and for the physicians we serve."
About NORCAL Mutual
Since 1975, NORCAL Mutual has been a physician-owned and directed
medical professional liability carrier dedicated to ensuring the
availability of affordable and relevant coverage. Along with its
subsidiary companies PMSLIC Insurance Company and Medicus Insurance
Company, NORCAL Mutual shares an "A" (Excellent) rating by A.M. Best for
its financial strength and stability.
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