Capson Physicians InsuranceReviews of capson.com

I have had a good experience, with very few expenses on the tab for other things.

The purpose for my initial purchase of Medical Malpractice insurance was for medical practice outside of my Emergency Medicine practice. This was for supervising a Nurse Practitioner of several years and for a brief time working for a Federal funded clinic. Both of these activities were terminated more than 3 years ago. I am now discontinuing my work reviewing laboratory screening for a weight loss clinic. Therefore, I no longer am in need of insurance outside of my Emergency Medicine practice. The Capson insurance policy specifically states it does not cover my Emergency Department liability. My medical practices where this Capson policy would be liable are no longer in existence. Because of this separation from prior practices as such, I am no longer in need of this policy and Capson is no longer liable for any of my practices outside of the Emergency Department. I am effectively RETIRED from my primary care practice for which the policy was directed. This should cover the "tail" guaranteed to me upon retirement. Furthermore, when I reviewed the signature page of the Keane Ins. Group acknowledgment, it states the the insured Party, per the signature below, herby: (i) Acknowledges that the Insurance Company does not meet The Keane Insurance Group's internal standards because of its AM Best rating, financial strength and/or size the The Keane Insurance Group does not and cannot guarantee the financial position or solvency of any Insurance company or market utilized, and (ii) Acknowledges that there are risks, including but not limited to insurer insolvency(insurer insolvency could result in non-payment of claims or partial non-Payment of claims), involved with obtaining coverage from non-rated Insurance Companies, and (iii) Acknowledges that, should insured choose to participate in third party financing, The Keane Insurance Group is not a party to said agreement, nor responsible for premiums due, in the event of insurer insolvency, and (iv) Agrees that it will hold the Keane Insurance Group and it directory, officers, employees, agents, representatives, advisors, parent companies and subsidiaries harmless from any loss, liability, obligation, damage or expense that the Insured Party may suffer, or incur based upon attributable to, arising from, relating or in connection with the failure or inability of the Insurance Company to pay any claims that the Insured party may have under any policy issued by the Insurance Company. So, how can I sign a document which may not cover any potential financial litigation against me. Furthermore, how can The Keane Insurance Group in moral character offer a product to me that they state is substandard and possibly of no value. Respectfully submitted, Brian H. Teeter, M.D.