In the last several years, we have seen an industrywide decline in medical malpractice claims frequency, helping to usher in the current softening market.
This phenomenon has resulted in unexpectedly profitable results for medical malpractice insurance companies, and is worth highlighting precisely because it features no clear explanation. Unless we know what causes it, we can't know what effect it will have and for how long.
No single factor seems to be responsible for this decline. Instead, there appear to be four potential drivers that may be contributing to the drop in medical malpractice claims.
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