Thoughtful workforce transitions in higher education
One way higher education institutions are responding to financial challenges caused by the COVID-19 pandemic is to rethink their staffing models and reduce faculty and staff costs.
This article summarizes some key financial results for medical professional liability writers from the first quarter of 2017. First-quarter premium declined for the 11th consecutive year, dropping below the $2 billion mark for the first time since 2002. The 3.1% decrease relative to first quarter 2016 is consistent with the average annual decrease seen during the past five years.
This article was originally published in the July 2017 issue of the Medical Liability Monitor.