August 31, 2015
Austin, TX —Texas Medical Liability Trust (TMLT) has announced the launch of Lone Star Alliance, Inc., a Risk Retention Group established to provide medical liability coverage to physicians, groups, health care facilities, and allied health care professionals in multiple states.
Operated by TMLT, Lone Star can accommodate the needs of new and existing policyholders by offering TMLT’s coverage and service to those working outside of Texas. With Lone Star, TMLT can also cover physicians who leave Texas to work in another state.
Lone Star was started in 2013 when TMLT began exploring how to extend coverage to its Texas-based policyholders who were also practicing in other states.
As sponsor and program manager of Lone Star, TMLT provides all essential operational support, such as financial and accounting services, information technology, underwriting, sales, marketing, claims handling, and risk management functions.
TMLT president and chief executive officer quote
“The launch of Lone Star Alliance is an important milestone in the growth of TMLT. With Lone Star, we are no longer bound by state lines. More importantly, neither are our physicians,” says Robert Donohoe, President and CEO of TMLT. “Current policyholders in Texas can now practice anywhere in the United States, and still receive the same strong, flexible coverage and winning defense they have come to expect from TMLT.”
The largest medical liability insurance provider in Texas, TMLT serves more than 17,500 physicians. Rated A (Excellent) by A.M. Best Company, TMLT is the only medical professional liability insurance provider created and exclusively endorsed by the Texas Medical Association. TMLT is headquartered in Austin, Texas.