CMIC, a doctor-owned medical malpractice insurer, announced a 2.7 percent overall rate reduction in its claims made rates for Massachusetts doctors effective Oct. 1, 2008.
Denise Funk, CEO of CMIC, credited the continued stabilization in the market and said some medical specialties will see rate decreases totaling up to 12 percent.
This is the second consecutive year that CMIC’s rates have decreased for Massachusetts doctors.
Source: CMIC
www.cmic.biz
Topics Carriers Massachusetts
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles 
