What the deuce? Med Mal insurer lowers rates without tort reform?
More evidence that med mal insurance rates depend on a lot more than just the tort system.
Good news for all concerned. SVMIC, the doctor-owned professional liability insurer, has announced a rate reduction. You probably won't read about falling medical liability insurance rates in the newspaper, but you can tell your friends and neighbors that rates are dropping even though the Legislature has not placed caps on damages in medical malpractice cases.
Source: Day on Torts: SVMIC Lowers Rates
The post is also interested because it mentions actual rates charged to doctors by SVMIC.
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