State’s largest malpractice insurance firm fined
The Colorado Division of Insurance has fined COPIC Insurance, the state’s largest medical-malpractice insurance provider, $48,400 after an investigation into its business practices. The division accused COPIC of “numerous” issues related to its long-term care insurance program, for alleged deficiencies in justifying its rates, certain application forms and for how it solicits money for its Political [...]
A bill that would increase damage awards in malpractice lawsuits has changed – dramatically. As first introduced, House Bill 1344 raised non-economic damages cap on malpractice suits from $300,000 to $460,000. But, bill sponsors scrapped the cap-increase portion of the bill after failing to find enough support for it. As it’s worded now, the bill would require [...]
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