Georgia Insurance Commissioner Ralph Hudgens has declared that MagMutual, one of the largest medical malpractice insurers in the Southeast, is violating the state’s Unfair Trade Practices Act by insisting that policyholders never discuss their coverage terms, even with licensed insurance consultants.
The mandatory nondisclosure agreements fly in the face of laws creating and licensing insurance counselors, Hudgens ruled, by limiting information such counselors need to provide informed advice to their clients—doctors and medical groups in the market for medical malpractice insurance.
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