The major insurers have reduced their rates an average of 20% over the last five years. 2010 is continuing the trend as two professional liability carriers have recently announced lower rates effective April 2010.
The Doctors’ Company has announced an average rate decrease of 5.1% while Medical Protective has announced an overall premium decrease of 3%. These rate reductions are averages so individual physicians may see greater or lesser changes depending upon specialty, loss history and limits of liability. The Continental Casualty Company (CNA) has indicated that there will be no rate change this year.
Presidio Insurance Solutions provides Oregon physicians and surgeons a one-stop shopping experience. We find the lowest rates with the best coverage from all the top Oregon medical malpractice insurance companies.