AMA Report Highlights Increases in Medical Liability Premiums
Using data from the Medical Liability Monitor’s Annual Rate Survey, a new report from the American Medical Association summarizes changes in medical liability premiums from 2011 to 2020. The report highlights that more premiums increased in 2020 than in any year since 2005, which appears to be the beginning of an upward trend in increases in premiums — a trend not seen in more than 20 years. These findings suggest that the industry is in the early stages of a hard market.
Click here to read the report.