CAPAssurance Program for Hospitals Combines Financial Strength with Provider Expertise
LOS ANGELES (March 21, 2013) – The Cooperative of American Physicians, Inc. (CAP) and ProAssurance Corporation, a specialty writer of professional liability insurance,  are partnering to offer a new liability protection product, CAPAssurance, designed to meet the unique needs of hospitals and other medical facilities in California.

“California’s regional and community hospitals and other healthcare facilities face a growing and expensive set of liabilities requiring creative solutions. CAP, as a California-based physician organization with deep medical professional liability experience, understands that meeting these needs requires a partner with broad experience in writing hospitals and facilities, all backed by unquestioned financial strength,” said James L. Weidner, Chief Executive Officer of CAP. He went on to say, “ProAssurance, an NYSE listed company with an ‘A’ rating and rock-solid...