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Re: GEN: Insurance gouging From: art fougner, md (evsono@pipeline.com) Fri May 25 07:34:49 2007 Messages sorted by: [ date ][ thread ][ subject ][ author ] Next message: art fougner, md: "Re: 28 weeks centralization of flow" Previous message: Andrew Folley: "Re: Delivery suggestions" In reply to: DoctorJoe@aol.com: "GEN: Insurance gouging" American Association for Justice - formerly known as the Association of Trial Lawyers of America. Also, this isn't the case with Medical Liability Mutual in NY State, the state's largest Med Mal Carrier. And other NY State carriers are faring even worse. Art At Thu, 24 May 2007, DoctorJoe@aol.com wrote: > >Simply following Pastorek's Law. > > New Report Shows Med Mal Insurers Price-Gouging Doctors A report >issued by the American Association for Justice (AAJ) shows the medical >malpractice insurance industry price-gouged doctors with excessive premiums and >contributed to the increased cost of healthcare. Written by former Missouri >Insurance Commissioner Jay Angoff, the study is based on annual reports from the top >15 medical malpractice insurers as rated by A.M. Best. The study shows: >insurers' losses and projected losses fell 48 percent from 2003-2006; losses >declined every year for the past five years; surplus is five times the required >surplus for insurer stability; only three of the 15 leading insurers gave >dividends to doctors in 2006. AAJ calls for an immediate review of the insurance >industry's tactics. Get a copy of the report _here. _ >(http://justice.org/pressroom/No Basis for High Insurance Rates 2007.pdf) >American Association for Justice, 05/24/2007 > >Joe P. > -- art fougner, md "May The Wings of Liberty Never Lose a Feather." - Jack Burton Next message: art fougner, md: "Re: 28 weeks centralization of flow" Previous message: Andrew Folley: "Re: Delivery suggestions" In reply to: DoctorJoe@aol.com: "GEN: Insurance gouging"

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