Medical Malpractice insurance is one of the most crucial (and complicated) lines of coverage that healthcare providers purchase. Medical Malpractice insurance carriers issue policies to protect physicians, groups and healthcare facilities in the event that a patient files a claim alleging negligence resulting in injury or harm.

In New Jersey, recent legislative reform and an increasingly competitive marketplace has resulted in decreasing premiums and better purchase options for New Jersey providers. Recent tort reforms in New Jersey includes a cap on punitive damages of $350,000 or five times the compensatory damages, whichever is greater. There are no caps on non-economic or economic damages. Reforms to joint-and-several liability, collateral source reform and limits on attorney fees are also in place.

Let Empire Risk Strategies, LLC help you find the best medical malpractice insurance coverage options today.