August 26, 2005

MedMal Doomsayers in Maryland Surprised by Softening Market

Those who bemoaned a "medical malpractice crisis" in Maryland were surprised when a major mutual stopped raising rates.

Insurance Journal reports that the news comes "after an emergency session of the General Assembly and dire warnings from Gov. Robert Ehrlich that doctors would be driven out of the state because of high insurance costs."

A state subsidy is now in question. Why do politicians always seem surprised when the market works like it should, despite their best efforts? Med-Mal Rates in Maryland Dropping

DougSimpson.com/blog

Posted by dougsimpson at August 26, 2005 05:05 PM