PHYSICIANS INSURANCE A MUTUAL COMPANY NAMES DR. DAVID CARLSON PRESIDENT AND CEO

SEATTLE, Oct. 17, 2025 /PRNewswire/ -- Physicians Insurance A Mutual Company (PI), a company specializing in medical professional liability, today announced that David Carlson, DO, will assume the role of President and CEO, effective November 1, 2025. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a distinguished 35-year career, including six years of exemplary leadership at Physicians Insurance.

Dr. Carlson is a physician executive with 25 years of experience in C-suite positions throughout his career. He previously served as Chief Physician Officer at MultiCare Health System in Washington, at Hospital Sisters Health System in Illinois, and at Conemaugh Health System in Pennsylvania. He currently serves as Chief Medical Officer and Vice President of Medical Operations–King County at Virginia Mason Franciscan Health in Washington.

Dr. Carlson has served on the Physicians Insurance Board since 2018, having served as Board Chair from 2019-2023. In these roles, he has overseen performance, operations, regulatory compliance, governance, executive compensation, and investment strategies.

"As Physicians Insurance enters its 45^th year, it's fitting that a company founded by physicians will be led by one," said Dr. Shane Macaulay, Chairman of the Board, Physicians Insurance. "Dr. Carlson is deeply familiar with both the clinical and business challenges our Members face and is a passionate advocate of our mission to protect, defend, and support our Members. I'm excited to work with him as PI moves into its next chapter. I also want to extend my gratitude to Bill for his tremendous leadership and his service to our Members during his successful tenure."

William Cotter has served as President and CEO of PI since 2019. During his time at PI, he has led the organization through several significant advances, including strengthening underwriting acumen and flexibility, expanding the company's national reach, and integrating the Physicians Insurance RRG into the PI family. "It has been my privilege to be of service to our Members and to lead a team of individuals so wholly dedicated to the protection and success of our Members," Mr. Cotter said. "Dr. Carlson has long embodied our commitment to good medicine and strong advocacy for physicians and healthcare organizations. His leadership will be a powerful asset for PI."

"In his board roles, Dr. Carlson has been closely involved in the creation of our multi-year strategic plan that fortifies our financial strength and keeps our Members' best interests at the center of every decision," said Christina Galicia, COO at Physicians Insurance. "On behalf of the Executive Management Group, I'm delighted to welcome him to his new role."

"Physicians Insurance proudly supports its Members by doing the right thing—devoting exceptional resources to their defense at trial and paying their claims when needed," said Dr. Carlson. "I'm honored to have been selected to continue leading this decades-long mission of protecting, defending, and supporting PI's Members, so that they can continue taking care of their patients."

Dr. Carlson is a board-certified family practice physician, with a subspecialty in geriatrics. He holds a bachelor's degree from Pennsylvania State University, a medical degree from the Philadelphia College of Osteopathic Medicine, and a master's in business administration from Alvernia University.

ABOUT PHYSICIANS INSURANCE A MUTUAL COMPANY
Physicians Insurance is a national boutique mutual insurance company dedicated to protecting, defending, and supporting our Members. We offer medical malpractice and stop-loss solutions backed by strong financials and supported by exceptional, personalized service. 

CONTACT: Melissa Cunningham, [email protected], (206) 757-6221

SOURCE Physicians Insurance