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Article: Lexington Introduces LexCap OverturnSM.
- Article from:
- Economics Week
- Article date:
- November 6, 2009
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Lexington Insurance Company, a Chartis company, announced the introduction of LexCap OverturnSM, an endorsement to Lexington's medical professional liability policies that allows insureds to purchase additional limits at pre-established rates in the event that a specific state's cap on non-economic damages is overturned or ruled unconstitutional. Non-economic damage caps currently exist in 27 states.
LexCap Overturn builds upon Lexington's extensive history in the medical malpractice market, and will be underwritten and serviced by Lexington's highly experienced team of underwriting, risk consulting and claims management personnel.
Brad Cox, Senior Vice ...