Medical liability can’t get rate, suffers 8th year of underwriting loss

U.S. medical professional liability insurance (MPLI) suffered its eighth straight year of underwriting losses in 2023, including a shift to negative reserve development, with constrained rate growth well shy of adequacy, analysts at the Fitch ratings agency said of a review of 2023 statutory filings.

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Medical liability can’t get rate, suffers 8th year of underwriting loss

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