American Physicians Assurance Corp.

Insurers: Ohio market stabilizing but more work needed

Published in Medicine and Law Weekly, May 14th, 2004

The market for medical malpractice insurance in Ohio is becoming less volatile, but insurers are still struggling to stay solvent, the heads of five companies told a commission studying the problem.

The five companies write more than 70% of the malpractice policies for Ohio doctors. They told the Ohio Medical Malpractice Commission in April 2004 that insurers are less wary of the state since it passed limits on what patients can receive for pain and suffering.

"The Ohio market is becoming a much more stable environment. I don't think we're going to see the upheavals we saw in the 1990s," said R. Kevin Clinton, president of the American Physicians...

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Source: Medicine and Law Weekly (2004-05-14)

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