Medical malpractice sector is on the mend.Long viewed as an industry in crisis, the medical malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional. sector is returning to health, thanks to several measures taken by insurers to improve profitability. Rocked by the departure of a leading policy writer, St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Cos., from the sector in 2001, med-mal firms not only raised rates and tightened underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. standards, but also benefited from tort reforms enacted in several populous pop·u·lous adj. Containing many people or inhabitants; having a large population. [Middle English, from Latin popul states, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the A.M. Best Special Report U.S. Medical Malpractice 2006 Market Review. Top Five Med-Mal Writers--2006 versus 2001 2006 2006 DPW Market Rank Group/Company Name ($000)s Share 1 MLMIC Group 900,437 8.4% 2 American International Group Inc. 819,222 7.6% 3 Berkshire Hathaway Ins. Group 724,939 6.7% 4 ProAssurance Group 616,160 5.7% 5 CNA Insurance Companies 578,206 5.4% 2001 2001 DPW Market Rank Group/Company Name ($000)s Share 1 MLMIC Group 704,379 9.6% 2 St Paul Companies 583,612 8.0% 3 GE Global Ins Group 405,007 5.5% 4 ProAssurance Group 339,665 4.6% 5 Zurich 315,901 4.3% Source: A.M. Best Co. |
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