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SCPIE Holdings, Inc

 
Hoover's Profile: SCPIE Holdings Inc.
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Contact Information
SCPIE Holdings Inc.
1888 Century Park E., Ste. 800
Los Angeles, CA 90067
CA Tel. 310-551-5900
Toll Free 800-962-5549
Fax 310-551-5928

Type: Subsidiary
On the web: http://www.scpie.com

While your doctor fixes your aching back, SCPIE Holdings is watching his back. Through subsidiary insurers SCPIE Indemnity, American Healthcare Indemnity, and American Healthcare Specialty Insurance, SCPIE provides medical malpractice insurance and related products to health care providers and networks. Founded in 1976 as Southern California Physicians Insurance Exchange, the company's business is conducted primarily in California and Delaware. The company insures more than 10,000 physicians, oral and maxillofacial surgeons, health care providers, and health care organizations. SCPIE Holdings was acquired by The Doctors Company for $281 million in 2008.

Officers:
President and CEO: Donald J. Zuk
SVP, Operations and Actuarial Services and Secretary: Joseph P. Henkes
SVP, CFO, and Treasurer: Robert B. (Bob) Tschudy

Competitors:
American Physicians Capital
Chubb Corp
NCMIC

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Wikipedia: SCPIE Holdings, Inc
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 This article is an orphan, as few or no other articles link to it. Please introduce links to this page from other articles related to it. (February 2009)

SCPIE Holdings, Inc is an American holding company whose subsidiaries specialize in physician liability insurance. It is based in Los Angeles, California and is listed in New York Stock Exchange under the stock symbol SKP.

Contents

History

The precursor to SCPIE Holdings, Inc. was Southern California Physician Insurance Exchange (SCPIE), which was founded in 1976 in the wake of extraordinary malpractice insurance premium hikes in California. SCPIE Holdings, Inc. was organized in 1997 and serves as a parent company to various subsidiaries, including SCPIE.

Services

Through its subsidiaries, SCPIE Holdings, Inc. primarily provides medical malpractice insurance and related products in California and Delaware. The company underwrites physician and medical group professional liability, healthcare provider and facility liability, and ancillary liability products for physicians, physician medical groups and clinics, managed care organizations, and other providers in the healthcare industry.

Today

With over 10,000 policyholders, SCPIE Holdings, Inc. is one of the leading carriers of professional liability insurance in California.

Merger Plans

In March 2008, SCPIE shareholders agreed to sell the company to Doctors Co.[1]

References

  1. ^ Companies, Best's Review, June 2008 p.102
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