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January 12, 2005

Insurer gives prize for ideas to curb lawsuits

Preventing lawsuits increasingly has been on the minds of physicians as medical liability insurance costs have escalated in the past few years. Now one insurance company wants to give an award to doctors and staffs who focus on risk management.

American Physicians Assurance Corp. through Jan. 31 is collecting stories from its 11,000 policyholders concentrated in Illinois, Indiana, Kentucky, Michigan, New Mexico and Ohio so that it can hand out the company's first "Excellence in Risk Management Award."

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Posted by Tom Troceen