Medicus Insurance Company, a medical professional liability insurance carriers, has unveiled Medicus Advantage Gold Policy endorsement giving Medicus insureds coverage for unintentional network security, billing, regulatory and privacy violations.

The company said that the new endorsement policy has been added to all Medicus policies in Arizona, Georgia, Illinois, Indiana, Iowa, Missouri, Minnesota, Nebraska, Ohio, Utah, Virginia and West Virginia to its insureds. The endorsement is expected to take effect on April 1, 2010 and will continue to be rolled out in all of 23 states in which medicus is an admitted carrier.

Medicus said that the new policy helps alleviate some of the defense costs, civil fines and penalties that arise from unintentional billing errors. It will defend Medicus insureds in the event of a network security breach, and also protect the insureds’ patients who are inadvertently exposed to potential identify theft resulting from a breach.

According to Medicus, the gold endorsement features defense for unintentional violation of HIPPA privacy regulations; coverage for unintentional billing errors and omissions; a high limit for stark violations; defense for network security and privacy breaches; coverage for multimedia claims including copyright infringement, libel/slander and false advertising allegations; and acts committed by rogue employees.

Eugenie Shea, president of Medicus, said: “In a world where patient privacy is a growing concern and identity theft leaves healthcare providers vulnerable to allegations of fraud and abuse, Medicus believes it is crucial to offer our insureds protection against these evolving risks.”