NORCAL Mutual Begins Offering Medical Professional Liability Insurance Coverage in Delaware, Pennsylvania
Previously Provided by Subsidiary PMSLIC Insurance Company
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”).
“We are building a stronger company for our policyholders”
“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 meets 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.