Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

ACE Announces Increase In Professional Liability Coverage For Podiatrists

RELATED NEWS
Trade ACE now with 

Swiss-based insurer ACE Limited's (ACE: Quote) U.S. based retail operations ACE USA said Friday that its ACE Medical Risk Division has increased the reimbursement limits for legal expenses incurred due to an action by a federal or state agency arising from a podiatrist's pariticipation in the Medicare or Medicaid programs.

The company said the new Podiatrist Professional Liability Coverage Endorsement will help to mitigate and manage rising legal expenses by raising the coverage limits from $30,000 to $50,000 per action, with an annual aggregate of $50,000.

The product is underwritten by companies within the ACE Group and is offered to podiatrists exclusively by RPS Healthcare, National Program Administrator of the Podiatry PLUS program.

This new product enhancement comes to the market as ACE and RPS prepare for their participation in the 2012 Midwest Podiatry Conference in Chicago, Illinois.

Click here to receive FREE breaking news email alerts for ACE Limited and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved notably higher over the course of the trading day on Friday after initially showing a lack of direction. The gains on the day extended the recent upward trend by the markets, with the tech-heavy Nasdaq reaching its best closing level in almost a month. Looking to capitalize on news of an Ebola diagnosis in New York City, Republican Senate candidate Scott Brown issued a statement Friday criticizing his Democratic opponent Sen. Jeanne Shaheen, D-N.H., for "waffling" on a travel ban. In another troubling sign for Democrats, the results of a Gallup poll released on Friday show that Tea Party Republicans are much more motivated to vote in the upcoming midterm elections than other Americans. The poll found that 73 percent of Tea Party Republicans are "extremely" or "very" motivated to vote in this year's elections.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.