The Doctors Company Acquires SCPIE, Lowers Insurance Rates
The Doctors Company lowered medical malpractice insurance rates recently — to levels as low as, or lower than, SCPIE’s rates. This has raised concern about the wisdom associated with such a move. Actuaries at The Doctors Company apparently determined that although the rates were insufficient to maintain SCPIE’s financial stability, TDC will be be able …
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