Medical costs ‘pervasive’ across segments and regions: ProAssurance’s Shook
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Medical costs ‘pervasive’ across segments and regions: ProAssurance’s Shook

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ProAssurance’s president of workers’ compensation, Kevin Shook, said higher medical costs are “pervasive” irrespective of region or segment as medical inflation makes its way through the carrier’s book.

On a call with analysts, the executive said that around 65% of the carrier’s claims costs were related to medical expenses, which is “more or less in line with the industry and the inverse of what it was 12...

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