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Monday, September 14, 2009

TMLT CELEBRATES 30 YEARS OF SERVING TEXAS PHYSICIANS

Today we celebrate the 30th anniversary of the Texas Medical Liability Trust (TMLT). TMA formed TMLT in 1978 as a self-insurance trust in the midst of a severe liability crisis. TMA-member physicians wanted to pool their money to have more control and not be directed by the insurance industry. TMLT’s first employee, Ennis Bogle, who served as an administrator as the company prepared for operations to begin in 1979, will be on hand for today’s ceremony along with current and former governing board members, and attorneys who have represented physicians over the years. TMLT is now the largest physician liability insurance company in Texas with nearly 15,000 policies in place and assets of nearly $670 million. Since the passage of Texas health care liability reforms in 2003, TMLT premiums have dropped by almost 50 percent.

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