Great Doctors Continue To Produce Great Results ($750,000 in Dividends):.Healthcare Underwriters Group of Florida Pays Its Second Consecutive Annual Cash Dividend to Its Insured Owners and Has Now Returned $1,250,000 to Its Doctor Owners in the Last 12 Months PLANTATION Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. , Fla. -- In the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a global economic tsunami, a Florida based medical malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional. insurance company is demonstrating that conservative management, excellent sales delivery, aggressive defense of its insureds and strict underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. can provide outstanding results even in the most difficult of times (and without government subsidies). Healthcare Underwriters Group of Florida (HUFL), a medical liability insurance company licensed and operating in Florida that is owned and governed exclusively by Florida physicians, announced today that it will pay its second consecutive annual cash dividend to its policyholders/owners. This action was approved by HUFL's Board after the company achieved outstanding loss results for the 2005 and 2006 report years due in part to very good loss experience. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. HUFL's Chairperson chairperson Chairman The head of an academic department. See 'Chair.', Cf Chief. , Steven D. Shapiro, MD: "This dividend to our policyholders/owners is once again proof that that in 2009 great doctors produce great results and also reflects HUFL's strong financial position and confidence in the company's future." The Company is financially strong and committed to keeping Florida doctors in control of their professional liability insurance. Insuring the right doctors, fighting claims aggressively and managing conservatively is what continues to give HUFL the results that deliver rate stability to its policyholders and provides predictability in a time of uncertain market conditions and challenges. "Most of HU's competitors made big bets with their investments placing their doctors' money at considerable risk. Our Company invested its doctors' hard earned dollars conservatively so that those dollars will be there for the purpose intended - to protect our physician insureds," HUFL's President, Edward Feller, MD., observed. Currently, HUFL is having an excellent year despite a continuing soft market. Losses that remain consistently lower than actuarially projected can be attributed mainly to the company's exceptional policyholders, who are practicing excellent medicine and referring quality physicians to their company. The HUFL Insurance model HUFL is a non-profit insurance company owned exclusively by its insureds/owners, Florida doctors. HUFL insures practicing physicians throughout Florida and in all medical specialties Medical Specialties See also anatomy; disease and illness; drugs; health; remedies; surgery. adenography the science of the description of glands. — adenographic, adj. . HUFL's highly experienced management team has a zero tolerance The policy of applying laws or penalties to even minor infringements of a code in order to reinforce its overall importance and enhance deterrence. Since the 1980s the phrase zero tolerance has signified a philosophy toward illegal conduct that favors strict imposition of for nuisance claims and aggressively defends its physicians. For more information, call (866) 484-5715 or visit www.HUgroupFL.com. |
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