The year in review: 2012 financial results for medical professional liability specialty insurers

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By Chuck W. Mitchell, Bradley J. Parker | 01 May 2013

An analysis based on the composite financial results of a large group of insurers that specialize in medical professional liability (MPL) coverage shows a steady drop in premium but remarkable calendar-year profitability nonetheless. However, despite the strong financial results, it appears that the MPL insurance market is continuing to soften. As the healthcare industry goes through a period of dramatic change, there is significantly more uncertainty in both the future of MPL claim costs and the future of overall MPL insurance market conditions.

This article was orginally published in the May issue of the Medical Liability Monitor.