What Medical Malpractice Insurance Requirements Apply in New York?

New York Public Health Law §230 specifically requires a monitored licensee participating in the stated professional-medical monitoring or remediation program to maintain at least $2 million per occurrence and $6 million per policy year. The state Insurance Department’s 2008 opinion said physicians generally had no statutory carry requirement outside specified discipline-related cases; treat that dated interpretation as context and verify any current order or profession-specific rule.

What Is Medical Malpractice Insurance?

Medical malpractice insurance can pay defense costs and covered damages when a patient claims a clinician’s care caused harm. If you provide health care, match the quote to your practice, clinicians, specialties and procedures, then check who is insured. Read the national Medical malpractice guide.

What to Watch for With Medical Malpractice in New York

Check for a monitoring order
The $2 million/$6 million condition applies to the monitored licensee participating in the specified medical-professional monitoring or remediation program. It is not a statewide minimum for every New York physician or all clinicians. Read the actual order and confirm the insured is the person it covers. ¹
Do not mistake no general mandate for no exposure
The Department’s 2008 opinion found no general physician carry requirement outside limited discipline-related cases. Because the opinion is dated and group-policy rules are separate, check current orders and current placement rules before relying on it or using an out-of-state master contract. ^2,¹
Match the policy year and per-occurrence figures
For a covered monitored licensee, both figures matter: at least $2 million for each occurrence and $6 million for the policy year. Confirm whether the policy’s definitions, aggregate erosion and other insureds leave the monitored clinician with the required limits. ¹

Which Medical Malpractice Providers Have New York License Records?

These providers publish a national listing for Medical malpractice; the license records below name the licensed entities and roles. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in New York. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

Corgi
Insurance producer · checked 2026-09-28
Corgi Insurance Services, Inc.
Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability. ¹³
Corgi markets medical malpractice insurance for health care professionals and organizations.
Vouch
Insurance producer, Surplus-lines broker · checked 2026-09-28
Vouch Specialty Insurance Services, LLC
Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability. ¹⁶
Vouch arranges medical malpractice insurance for health care and life sciences businesses.

Who Regulates Insurance in New York?

New York State Department of Financial Services

New York DFS supervises insurance companies and producers, administers insurance law and accepts consumer complaints about property and casualty policies, including commercial insurance. ^3,^4,^5,⁶

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 800-342-3736

Surplus-Lines Tax and Stamping Office in New York

Reported tax rate. 3.6% of gross premium, less returned premium; ELANY stamping fee is 0.15% through 2026 and 0.17% for policies incepting on/after Jan. 1, 2027 ^7,^8,^9,¹⁰

When New York is the insured’s home state, excess-line tax is 3.6% of gross premium less returned premium. ELANY’s September 20, 2026 bulletin sets a 0.15% stamping fee through December 31, 2026 and 0.17% for policies incepting on or after January 1, 2027; statutory search requirements and guaranty-fund protection depend on the applicable New York excess-line rules.

Excess Line Association of New York

Questions to Ask Before You Buy Medical Malpractice in New York

Is any physician or other licensee subject to a written monitoring/remediation order that sets insurance conditions?
Does the declarations page show the required per-occurrence and policy-year limits for that individual?
If buying a group policy, has counsel or the regulator confirmed the contract form and purchasing-group route for the specific entities and jurisdictions?

Medical Malpractice Insurance in New York: Frequently Asked Questions

Must every New York physician carry malpractice insurance?

The state Insurance Department’s 2008 opinion said there was no general statutory requirement, with limited discipline-related exceptions. Current Public Health Law §230 includes a specific $2 million per-occurrence/$6 million policy-year rule for the described monitored licensee. ^2,¹

Are those limits a damages cap?

No. Section 230 states an insurance-maintenance condition for the monitored licensee. It does not set a cap on damages or define all policy coverage. ¹

Sources for Medical Malpractice Insurance in New York

1
New York Public Health Law §230. New York State Senate; Subdivision 18(b)–(c), monitored licensee insurance condition; current consolidated statute. Accessed 2026-09-28.
2
OGC Opinion No. 08-06-02: New York Medical Professional Liability Insurance. New York State Department of Financial Services; Conclusions and analysis, issued June 4, 2008; read with current PHL §230. Accessed 2026-09-28.
3
New York State Department of Financial Services. New York State Department of Financial Services; Official regulator homepage. Accessed 2026-09-28.
4
Who We Supervise. New York State Department of Financial Services; DFS describes insurance oversight and provides links to company and producer searches. Accessed 2026-09-28.
5
Insurance License Search. New York State Department of Financial Services; DFS portal performs public insurance producer license searches; it displays a CAPTCHA to limit automated access. Accessed 2026-09-28.
6
Consumer Complaints. New York State Department of Financial Services; Official portal files insurance complaints for health, life and property/casualty insurance. Accessed 2026-09-28.
7
New York Insurance Law §2118(d)(1). New York State Senate; Current statutory text: 3.6% of gross premiums less returned premium when New York is the insured’s home state. Accessed 2026-09-28.
8
ELANY Bulletin 2026-20: Notice of Change in Stamping Fee. Excess Line Association of New York; September 20, 2026 bulletin: 0.17% applies to policies incepting from Jan. 1, 2027; endorsements on policies incepting Jan. 1, 2023–Dec. 31, 2026 retain 0.15%; excess-line tax remains 3.6%. Accessed 2026-09-28.
9
New York Insurance Law §2118. New York State Senate; Excess-line broker duties and filing requirements; §2118(a) due care; exceptions should be applied only where statutory conditions are met. Accessed 2026-09-28.
10
New York Insurance Law §2118. New York State Senate; Excess-line statutory duties and policies; source is used for placement context. No state-specific guaranty cap/note included. Accessed 2026-09-28.
11
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
12
Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
13
Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
14
About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
15
Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
16
Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

What Medical Malpractice Insurance Requirements Apply in New York?

What Is Medical Malpractice Insurance?

What to Watch for With Medical Malpractice in New York

Check for a monitoring order

Do not mistake no general mandate for no exposure

Match the policy year and per-occurrence figures

Which Medical Malpractice Providers Have New York License Records?

Corgi

Vouch