Home > Talkback
East News

Viewing comments for:

New York Freezes Malpractice Insurance Rates

East News • August 25, 2008
Gov. David Paterson is freezing medical malpractice insurance rates for a year as he seeks a broader solution to high business costs doctors claim are driving them out of New York. The freeze ...

Insurance Journal is not responsible for the content of the message below.

Subject: NY: Where Regulators Have Destroyed the Malpractice Market

Posted On: August 25, 2008, 2:03 pm CDT
Posted By: Gerry
Comment:
8 years ago when the US malpractice insurance industry was facing combined ratios of almost 200%, NY would not allow its major carrier MLMIC to raise rates. MLMIC begged and the regulators gave them squat. While the rest of the industry now has a combined of about 87%, MLMIC is facing receivership.

AND, the state Bozos still doesn't want to raise rates.....Another reason why there's almost no competition in NY for malpractice....no self respecting carrier can make a go of it.
Subject Posted By Posted On
RE: NY: Where Regulators Have Destroyed the Malpractice Mark Rusty
Aug 25, 2008, 3:12 pm
RE: RE: Med-Mal Scott
Aug 25, 2008, 3:11 pm
RE: Other Costs Scott
Aug 25, 2008, 3:07 pm
RE: Med-Mal mcheck57
Aug 25, 2008, 3:06 pm
Other Costs nobody important
Aug 25, 2008, 2:59 pm
NY: Where Regulators Have Destroyed the Malpractice Market Gerry
Aug 25, 2008, 2:03 pm
Med-Mal Scott
Aug 25, 2008, 12:50 pm
RE: NY Malpractice MLC
Aug 25, 2008, 12:45 pm
"New York's medical malpractice insurance rates are among th M
Aug 25, 2008, 12:32 pm
Back to article

Post a Comment

.