Underwriting income for MPL continues to decline, with faint signs of a firming market on the horizon

The medical professional liability industry’s long-term trend of declining frequency appears to have ended several years ago. Since then, we have seen the reporting of claim counts stabilize for most companies, with some volatility evidenced for certain writers and both increases and decreases seen. Per annum trends in defense costs remain in the mid-single digits. Milliman’s Susan Forray and Chad Karls provide more perspective in this article.

This article was published in the Second Quarter 2019 issue of Inside Medical Liability.