PLPP News

Once Again PLPP Reports Superior Return: $1.4 Million Profit Share

(Columbus, OHIO) -- Professional Liability by Physicians for Physicians (PLPP) has continued its trend of superior returns for its physician investors. PLPP announced today that they are receiving a profit share of more than $1.4 million – exceeding last year’s performance. This profit share is based upon PLPP’s performance and the quality physicians insured within the program. These monies are above and beyond the already $1,391,506 previously distributed by the program to its physician owners.

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PLPP $1.4 million Profit Share

PLPP is pleased to announce another profit share settlement; this one totaling more than $1,400,000. These monies are above and beyond the already $1,391,506 distributed by the program to its physician owners.

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MGO Practices Welcome News From PLPP

Physicians from Midwest Physicians Anesthesia Services Celebrate Their Return of Capital Investment.

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PLPP Set to Distribute Hundreds of Thousands of Dollars in Profit Sharing

Beginning in January 2009, PLPP will begin distributing hundreds of thousands of dollars in profit sharing to shareholders. These monies will be returned to the physicians in the form of a premium refund as they renew their coverage for 2009-2010. This is above and beyond the $1 million PLPP shareholders received for their capital contribution refund in November 2008.

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Quick Facts About PLPP

In 2004, MGO created a physician-owned risk purchasing group exclusively for MGO physicians to provide a solution to decades of malpractice insurance frustration. PLPP offers a financially sound, high quality insurance product through partnership with One Beacon Insurance Group, an “A” rated company by A.M. Best. PLPP is a unique program that allows physician ownership, physician control and a long-term solution.

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PLPP Exceeds Expectations; Returns $1,000,000 to Shareholders

(Columbus, OHIO) -- Professional Liability by Physicians for Physicians (PLPP) announced today that it is returning $1 million dollars in capital contributions to its shareholders. The refund is based upon PLPP’s performance and the quality of physicians insured within the program.

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PLPP Quick Application

The New PLPP Quick App is available online! This is an application for a claims-made policy form of professional liability insurance to be issued in connection with an insurance program sponsored by Professional Liability by Physicians for Physicians, Inc. (“PLPP”) of Columbus, Ohio.

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