Medical malpractice insurance covers medical professionals and doctors for liability claims that are related to the treatment of patients.
Medical malpractice insurance became more expensive in the early 2000s, after a long period of flat prices. This was due to the increase in the amount of medical malpractice claims, particularly those arising within urban areas. Many major insurance companies discontinued medical malpractice insurance because of the difficulty making a substantial profit.
Rising litigation costs and recent healthcare reform leads us to believe that medical malpractice premiums must undergo annual review. We compare the premium increases for medical malpractice insurance and select the best carriers to recommend to our valued clients.
Yeager Insurance and Financial Services represents 23 medical malpractice insurers, all of which have attained an A.M. Best Rating of “A” or better. These insurers include: