Hospital MPL insurers move down towers as molestation claims wipe out limits
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Hospital MPL insurers move down towers as molestation claims wipe out limits

The impact of SAM claims is reverberating through the tower and the broader marketplace beyond hospitals.

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Hospital liability underwriters are increasingly looking to attach down low in the tower as sexual abuse and molestation (SAM) losses are wiping out limits, blowing up higher excess layers that have historically been underpriced, sources told Insurance Insider US.

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