NU Online News Service, Jan. 3, 2:23 p.m. EST
The shift from single or small groups of physicians practice to multi-specialty and multi-state physician networks and hospitals will likely drive a change in the medical professional liability (MPL) insurance sector, says a report from Moody's Investor Service.
Alan Murray, vice president at Moody's and author of the report, says there will be a “shift in market share toward MPL (also known as medical malpractice) insurers with multi-specialty and multi-state underwriting and claim-servicing capabilities for both individual medical practitioners and institutional healthcare organizations over time.”
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