Understanding changes in the medical malpractice insurance market

Understanding changes in the medical malpractice insurance market

The average cost of a medical malpractice claim in the U.S. has increased by 50% since 2009 with a sharp rise in the number of claims of more than $5 million over the last four years, according to Beazley.

These are among the findings published in a collaborative article on the hospital professional liability (HPL) insurance market by Beazley and Aon, contained within the latest annual Aon/ASHRM Hospital and Physician Professional Liability Benchmark Study. Specifically, the article studies trends in HPL claims above $5 million and the impact on the HPL insurance market. Follow this link to read the report.