ABOUT PRMS
SINCE 1986...
...Professional Risk Management Services® (PRMS®) has specialized in medical professional liability insurance for individual healthcare providers and group practices. As a national program, PRMS is committed to serving the needs of behavioral healthcare professionals through our comprehensive program that includes customized insurance products, preeminent risk management services and unparalleled claims and litigation expertise.
PRMS is the medical professional liability insurance division of Fair American Insurance and Reinsurance Company (“FAIRCO”), a New York-based insurer rated AA+ by Standard & Poor’s and A++ by AM Best (NAIC 35157). FAIRCO is a wholly owned subsidiary of Transatlantic Reinsurance Company, a leading global reinsurer headquartered in New York and a member of the Berkshire Hathaway group of companies.
Life of PRMS: Tara Bowman, Director of Finance
As the Director of Finance at PRMS, I am responsible for overseeing the company’s financial operations and financial strategy. My role focuses on ensuring that strong internal controls are in place and that all financial information is reported ti...
“Risk Management: I’ve Been Sued, Now What! Part 4,” Innovations in Clinical Neuroscience Journal Article by PRMS
Our PRMS Risk Managers frequently share their expertise by contributing articles to clinical journals, including the Innovations in Clinical Neuroscience (ICNS) digital journal, throughout the year. Read an excerpt by PRMS Associate Director of Ri...
2026 PRMS Risk Management Resolutions
Here are 12 easy-to-implement risk management resolutions you may want to consider for 2026: PATIENT SAFETY When treating patients via telepsychiatry, consider asking for and documenting the patient’s current address at the start of every telehe...
