More than 70 percent of those attending a conference of U.S. medical liability insurers in late April said they anticipate their primary rate levels will decrease this year, compared with 2007, while average frequency and severity of claims will remain about the same.
The findings were made by Minneapolis-based reinsurance broker Collins, which polled medical liability insurance executives attending its seventh annual Medical Liability Insurance Networking Forum in Las Vegas.
Among other opinions noted, a majority of those polled expect a soft market will continue until 2010, and many believe claims have dropped off because a change in focus by negligence lawyers.
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