Premiums Up or Down?
A recent article in the Insurance Journal says that premium are and will continue to be down. This news comes from an industry report that show property and casualty insurance carriers have more capacity than they do insureds. So by supply and demand premiums should be down in most cases.
Specialty insurance including medical malpractice, liability for professionals, directors & officers insurance may actually be seeing a premium increase as the number of lawsuits targeting professionals continues to skyrocket on an annual basis.
To find out more about where your business stands and to experience the difference of working with a risk professional please contact us directly 801-984-6100
Posted in UBI NEWSTags: Insurance, lawsuits, malpractice, medical, premiums, professionals, rates, risk