Medmal (Medical malpractice)
-
The highest releases in nearly 15 years challenge conventional wisdom on reserving. -
Civil case, nuclear verdict and claims count data show worrying trends.
-
Rand said the company remains “very bullish on the long-term value that NORCAL brings.”
-
Reserve releases in workers' comp may have been premature despite industry confidence.
-
The all-items CPI has increased 3.4% over the last 12 months.
-
The carrier’s comments on claims severity should serve as a warning for the industry
-
Yesterday, the carrier reported its Q1 CoR improved 2.3 points to 111.6%, reflecting a better CAY loss ratio.
-
The new suite of coverages is designed to meet the unique needs of healthcare organizations.
-
Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
-
Workers’ comp releases continue to mask deteriorating reserves in 2023.
-
Social inflation is driving “cat-type” losses, with an increase in $50mn-plus verdicts.
-
Workers' comp saw an ongoing significant increase in losses.
Related
-
Agency deal roundup: Hub, King Risk and more
May 16, 2025 -
The Doctors Company to buy ProAssurance in $1.3bn deal
March 19, 2025