When I graduated from chiropractic college in 1981 and started practice, I heard it all, and very little was positive. “You are a quack; you do not know what a subluxation is; you couldn’t get into a real health care program, so you chose the one that is slightly above a mail-order degree; you have no proof that chiropractic works; Are you really licensed?”, and so much more.
| Digital ExclusiveMLMIC Malpractice Insurer Downgraded Again
On June 29, 2004, A.M. Best downgraded the ailing Medical Liability Mutual Insurance Company (MLMIC) from "B" (fair) to "B-" (poor). OHIC Insurance Company, another member of the MLMIC family, was given a "C++" (marginal) rating by A.M. Best on the same day.
Princeton Insurance Company, also a member of the MLMIC family, shares the same poor rating of "B-," having been downgraded by A.M. Best in 2002. Princeton has been able to avoid further downgrading by abandoning malpractice business in all but its home state of New Jersey.
What this means to the chiropractic profession is that the number of secure malpractice companies continues to decline. DCs are encouraged to carefully review a carrier's ratings and history when purchasing chiropractic malpractice insurance.