HateHoovering - I couldn't make your link work, but I think this is the article you were talking about: "Women who give birth at home with an independent midwife are nearly three times more likely to have a stillbirth than those who give birth in hospital, a study has found."
It goes on to say that:
"The groups were matched for age, socio-economic status and other factors such as previous obstetric complications. Nearly nine out of ten women in the IMA group, said they wanted to give birth at home, and two thirds did so. But the researchers noted that women who chose a birth with an IMA member were more likely to have had pre-existing conditions, such as blood pressure or diabetes, or previous obstetric complications.
The risk of stillbirth or neonatal death (within 28 days of birth) was 1.7 per cent in the IMA group compared with 0.6 per cent in those giving birth in the NHS. Once high-risk women were excluded from both groups, the difference ? 0.5 per cent versus 0.3 per cent ? was not statistically significant."
To me this means that the increased risk of still birth or neonatal death was not because women were using IMs - the increased risk was because women who choose to use IMs are often higher risk to start with and using IMs is the only way they can be supported in the birth of their choice. For me, one of the strengths of IMs is that they will take on higher risk women (usually after a detailed discussion of the risks and possible implications) and so give them a realistic chance at a "normal" birth by making them feel supported. 1.7% is higher than 0.3%, but it is still a low number - and I can imagine plenty of scenarios where a woman may well be prepared to take the increased risk for guaranteed 1 to 1 support from a known MW, or for a MW with guaranteed skills not widely found within the NHS.
At the end of the day no birth is risk free and the risks for each birth option will be different for each pregnancy - indemnity insurance is just another risk to factor in to your consideration.
FabBakerGirl - now you remind me I remember your story. It horrified me when I first heard it and it horrifies me now. I'm sorry you had such a bad experience with this particular IM