"The questionable relationship between Steward Health Care and its in-house malpractice insurer is proving to be an unrelenting source of misery for injured plaintiffs, defendant doctors and their attorneys. In recent weeks, a plaintiff's attorney convinced Superior Court judges in two different counties to put former Steward medical professionals on the hook personally for settlement agreements they had entered into, only to have the insurer, Tailored Risk Assurance Co., or TRACO, fail to cut the settlement checks."
"In one of the cases, defense counsel had filed a motion seeking to withdraw because TRACO had allegedly not been paying its legal fees or defense costs, either. In yet another case, plaintiffs took another tack, filing a motion to compel disclosure of the defendant's insurance coverage, explaining that they had "more than reasonable suspicion" that the doctor was "being defended by an insurer whose policies are not real.""
A problematic relationship between Steward Health Care and its in-house malpractice insurer, Tailored Risk Assurance Co. (TRACO), has produced repeated payment failures. Plaintiffs secured rulings making former Steward clinicians personally responsible for settlements after TRACO failed to issue settlement checks. Defense attorneys moved to withdraw in at least one case amid allegations that TRACO refused to pay legal fees and defense costs. Plaintiffs also filed motions to compel insurance-disclosure, asserting "more than reasonable suspicion" that some doctors were defended by an insurer whose policies may not be legitimate. The situation is harming plaintiffs, doctors, and counsel.
Read at DataBreaches.Net
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