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The senate adopts a measure to form an independent mutual insurance company.

February 25, 2004
By: Matt Johnson
State Capital Bureau
Links: SB 719, SB 908

The senate adopts a measure to form an independent mutual insurance company. Matt Johnson tells how this company will help better insure doctors against malpractice suits.

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The Missouri Insurance Coaltion's executive director Calvin Call says--right now--only one company exists to represent doctors in malpractice suits.

He says financial concerns are the reason for a lack of similar companies in the state.

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"Competition has either left the state or gone out of business mainly because any oppourtunity to underwrite and make a profit in the business is long since gone...the system is broken in Missouri."

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The Missouri Physicians Mutual Insurance Company Act will insure doctors who have trouble finding a lawyer to accept their case.

From the state Capitol, I'm Matt Johnson.