Claims Not the Cause for Rising Medical Malpractice Premiums

So much for the medical malpractice "crisis". The American Association for Justice (AAJ)analyzed the 2000-2004 performance of the 15 largest medical malpractice insurers in the United States rated by A.M. Best. "Because of the overall surge in malpractice premiums with no corresponding surge in claims payments during [that period], the leading malpractice insurers have increased their surplus by more than a third in only three years, and they are now charging more for malpractice insurance than either their actual payments in malpractice cases or their estimated future payments in malpractice cases would justify." Sounds like another case of corporate greed. Read the report here.