January 10, 2018 |
Frier Levitt has recently been contacted by physicians regarding a letter sent out by Healthcare Providers Insurance Exchange (HPIX). In the letter, HPIX reveals they have filed for liquidation, stating, “Our most recent independent actuarial projections, as of September 30, 2017, indicate that we may not have sufficient assets to meet our liabilities…”
The implications for anyone who has been insured in the past by HPIX and is the subject of a medical malpractice lawsuit can be severe, as defendants must now weigh the cost of settling matters quickly, with the reputation and professional damage associated with paying a claim.
Frier Levitt has extensive experience serving as personal counsel in medical malpractice lawsuits. We help guide physicians through the myriad risks involved when defending a case covered by a company in liquidation, while protecting your rights as a former insured.
If you were insured by HPIX it is important to know your options. Contact Frier Levitt today to speak to an attorney.