|[May 02, 2014]
NORCAL Mutual Now Offering Medical Professional Liability Insurance Coverage to Nevada Physicians
SAN FRANCISCO --(Business Wire)--
NORCAL Mutual Insurance Company is now offering medical professional
liability insurance to Nevada physicians. For the past eight years,
Nevada healthcare professionals have been offered coverage from Medicus
Insurance Company, a NORCAL Mutual wholly owned subsidiary. Upon
renewal, Medicus policyholders will be transitioned to a NORCAL Mutual
"Our continued commitment to the medical communities we serve includes
practicing responsible growth to ensure our company's strength and
stability for the benefit of our policyholders," said Ron Rumin, senior
vice president of business development for NORCAL Mutual. "The expansion
of NORCAL Mutual into Nevada was a strategic decision that reinforces
our nearly decade-long commitment to the state and offers our
policyholders unique benefits that come with coverage from a mutual
As a member of a physician-led mutual insurance company, Nevada NORCAL
Mutual policyholders will have the right to vote in the election of
board of directors and share in any dividends that may be declared.
NORCAL Mutual has declared dividends for 34 of the past 36 years.
NORCAL Mutual also offers coverage in Alaska, California, Rhode Island,
Texas and Illinois. The reach of the NORCAL Group, which also includes
PMSLIC Insurance Company, spans 32 states.
About NORCAL Mutual
NORCAL Mutual Insurance Company is a part of the NORCAL Group of
companies, medical professional liability insurers providing protection
to healthcare extenders, medical groups, hospitals, community clinics
and allied healthcare facilities throughout the nation. The companies
share a group rating of "A" (Excellent) by A.M. Best for their financial
strength and stability. NORCAL Mutual operates three main regional
offices in San Francisco, CA (News - Alert), Mechanicsburg, PA, and Austin, TX.
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