MPL market under pressure as social inflation, legal headwinds loom
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MPL market under pressure as social inflation, legal headwinds loom

Social inflation is driving “cat-type” losses, with an increase in $50mn-plus verdicts.

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As claims activity heats back up after temporarily being stalled by the Covid-19 pandemic, sources say the medical professional liability (MPL) market is in a transitional period with carriers taking rate increases of 5% to 20%, depending on the...

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