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The professional liability market is beginning to course-correct, but it will take time. (Photo: freshidea via Fotolia) The professional liability market is beginning to course-correct, but it will take time. (Photo: freshidea via Fotolia)

Working with medical professional liability clients requires staying current with ever-evolving trends, especially as the pandemic has brought change after change to an already-firming market for senior care centers, individual healthcare providers, hospitals and other entities.

While the marketplace has become more challenging, new market entrants have arrived. This is a good sign, but it doesn’t necessarily mean that the market is improving. Rather, it suggests that it’s at the beginning of what is likely to be a long cyclical shift towards stability. There are signs that the ship is turning, but the firm market arrived slowly and is expected to end slowly.

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