190.990              NYS Medical Malpractice Insurance Market Undergoing Upheaval

The Medical Society of the State of New York will actively monitor and regularly communicate with the Department of Financial Services to ascertain the financial status of the various medical malpractice insurance companies operating in New York State; and it will continue to regularly update its members regarding the financial status of these insurers as well as the benefits of obtaining medical liability insurance coverage from a licensed New York insurer, including information regarding coverage for claims from the existing State guarantee fund in the event that a medical liability insurer becomes insolvent. (HOD 2016-69)