A hardening market arrives in time to greet a global pandemic
By Susan J. Forray and Chad C. Karls
15 June 2020
The year 2019 marked a turning point for the medical professional liability industry. Reserve releases declined to less than 5% of premium. Insurers projected a combined ratio over 120% on 2019 earned business. Frequency increased for many writers and the trend in indemnity severity was above inflation.
This article was originally published by Inside Medical Liability.
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Susan J. Forray
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