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Professional Liability Information
AIG is the underwriter of our professional liability program, Contemporary Insurance Services, Inc. (CIS). Certified Nurse-Midwives' policies have not been affected by the AIG transition. According to Israel Teitelbaum, President of CIS, "The Certified Nurse-Midwife Program has its policies issued by Lexington Insurance Company, Landmark Insurance Company and National Union Fire Insurance Company of Pennsylvania, depending on the state for which coverage is needed. These companies are all subsidiaries of AIG Commercial and throughout the current concern over AIG's financial health, there have been no concerns raised regarding the solvency of these companies. All three maintain a high level of quality assets and surplus." Read the description of events leading to the federal government's intervention. (posted 9/17/08)
The Myth of Vicarious Liability - Updated GAO Report to Congressional Requesters: Medical Malpractice Insurance Review the Professional Liability QuickInfo Document - containing information and resource listings on the topic of Professional Liability. Risk Reduction Statements
Other Resources:
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