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Mike Larson – Expert Column in Physician Insurer

BMS Group’ EVP of Analytical Services, Mike Larson details the latest trends in the medical professional liability sector, and offers some savvy commentary on what he’s observed.

Click here to read the full article.

Reprinted from the first Quarter 2013 issue of Physician Insurer Magazine, Physician Insurers Association of America. Copyright, 2013

The MPL Market – What’s the Prognosis?

Since 2006 the Medical Professional Liability (MPL) market has become increasingly competitive, but it remains both healthy and profitable, particularly when compared to other casualty lines. The key challenge faced by the Physician Insurers Association of America (PIAA) member companies is whether they can reverse the declining trend in profitability before the market hits the unprofitable levels experienced in the early 2000’s.

BMS’s recent analysis looks at the results of PIAA member companies (who make up more than 50% of the MPL market) from 2001 – 2010 to look at where results have been and where they might be heading.

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