Posted On: May 20, 2005, 12:15 pm CDT

Posted By: LLCJ

You obviously don't see teh complete picture from an insurer point of view. Record profits are for those companies that have multiple lines of business who can use other lines to prop up the liability lines.

There is a crisis and it is well documented not just by Tillinghast Towers Perrin, but numerous other sources. hospitals are closing, doctors are moving to avoid high premium costs. 99% of medical malpractice insurers operate at a 125% loss ratio. The only way they make money is that they invest the dollars. Since it takes multiple years to settle med mal claims, this is still a viable way of doing business.

You are a claims person. Read some actuarlial studies before commenting. Then perhaps you won't sound so politically motivated in your comments.