MPL Market Update

April 30, 2020

The medical professional liability (MPL) insurance industry is seeing rising combined ratios, falling profitability less favorable reserve development, and also higher jury malpractice awards driven by “social inflation.” Conning’s Bill Burns notes that these factors suggest more trying times may be ahead for carriers in his video “Market Update,” created for the Professional Liability Underwriting Society 2020 Healthcare & MPL Symposium.