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06/23/2008

duane castles

duane castles


NRRA has a long history of successful legal and regulatory representation of the interests of risk retention and risk purchasing group liability insurance programs. To see a summary of NRRA activities please visit the History page of this web site under "Gov't Relations".( Duane Castles - Benefits of Membership)

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Duane Castles - CICA

Duane Castles - Physician Insurers Association of America (PIAA)

Duane Castles - Benefits of Membership

Duane Castles - Chairman and Chief Executive Officer
duane castles: We hope you will take advantage of this unique opportunity to participate in an exclusive forum for defense law firms that serve the physician-owned and/or -operated medical professional liability insurance industry.

Awarded for the first time in 2006, the CICA Distinguished Service Award was created to recognize individuals or organizations who have made significant contributions to advancing the captive insurance industry. To nominate a colleague for the award, email CICA.

duane castles - Chairman

Duane Castles - Chief Executive Officer

Duane Castles: PIAA Marketing Workshop!

duane castles piaa

Duane Castles - Executive Officer
These innovative enterprises, dubbed "bedpan mutuals" by their commercial competitors, melded the skills and knowledge of physicians and insurance professionals into a new approach to addressing medical malpractice problems. Today, the nation's physician and dentist-owned medical malpractice insurance companies dominate this market, providing protection to more than 60% of all physicians in private practice in the United States.

Rockville, MD – June 6, 2008 – The Physician Insurers Association of America (PIAA), a tradeassociation that represents physician and other healthcare provider-owned and/or -operatedmedical professional liability insurance companies, recently elected a new slate of officers anddirectors during its 31st Annual Meeting in Philadelphia, Pennsylvania.( duane castles - Chairman)

Duane Castles - Chairman and Executive Officer

duane castles - CICA Honors 2008

Duane Castles - Physician Insurers Association of America (PIAA)




duane castles - Chairman: Encouraging effective alternative dispute resolution mechanisms

Group Captive: Is owned by multiple, non-related organizations and is designed to insure the risks of these different entities.

Duane Castles - Benefits of Membership

Duane Castles - CICA

duane castles piaa

duane castles

Duane Castles - Chairman and Chief Executive Officer
Why Form a Captive? One of the chief functions of a captive is to facilitate the efficient financing of risk within an organization. In addition, captives form part of the overall financial planning structure for a corporation; act as a shield against upswings and downturns in the commercial market; serve as a direct insurance company that issues policies to subsidiaries in a group or, can serve as a reinsurance company that assumes risks behind commercial insurers.

Implementation of risk management and patient safety initiatives( Duane Castles - CICA)

duane castles - Chairman

Duane Castles - Physician Insurers Association of America (PIAA)

Duane Castles - Executive Officer

Duane Castles: PIAA Marketing Workshop!

duane castles - CICA Honors 2008
Duane Castles - Benefits of Membership: Worse yet, as malpractice insurance became too expensive or unavailable altogether, many physicians began limiting their practice or stopped practicing entirely. For example, the insurance crisis meant many rural areas lacked access to any OB/GYN services.

Single-Owner Captive: Also referred to as "pure captive", insures only the risks of the owner or the owner's subsidiary operations.

Duane Castles - Physician Insurers Association of America (PIAA)








Captive vs. Traditional? Commercial insurance companies sell insurance to the general public and are licensed in all states in which they do business. By contrast, captive insurance companies insure only their owners, who are sophisticated entities with the ability to manage and retain their own risk. Consequently, the degree of regulatory oversight required for captives is different than that which is required for commercial insurers. The captive is licensed in only one state, and operates under the captive insurance law of that domicile.

Ad Cancellation Policy - Ad cancellations made more than 60 days prior to the publication?s artwork deadline will be refunded without penalty. If cancellation is received less than 60 days prior to the publication's artwork deadline, VCIA maintains a cancellation penalty of 50% of the ad fees. Cancellation requests must be received in writing either by mail, email or fax.( Duane Castles - Physician Insurers Association of America (PIAA))

Duane Castles - Chief Executive Officer

duane castles piaa

Duane Castles - Physician Insurers Association of America (PIAA)

Duane Castles - Executive Officer

duane castles - Chairman
duane castles - CICA Honors 2008: The release of the new logo denotes the initial phase of a comprehensive branding campaign—a complete new visual identity—for the PIAA. A long-term plan will guide the gradual transition of the identity into all of the Association’s print and electronic communications, including a complete redesign of its website—expected to be available to the public sometime this year.

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