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Florida Carriers increase, rates decrease…
The following post was written by one of our Medical Malpractice Insurance experts. If you are interested in seeing what Diederich Healthcare can do for you, please complete our quick and easy quote form now! Excellent, cost-effective Med-Mal coverage is only a click away.
The Medical Malpractice Insurance Market has changed drastically in the state of Florida. With what seems like a new carrier entering the state every year, we prepare for the emergence of yet another new, standard carrier. Florida insurance rates have declined for the last three years and with another carrier preparing to begin doing business it is anticipated that rates will continue to drop.
This is great news for physicians and our clients. Florida was once considered one of the worst Professional Liability Insurance states. As tort reform continues to be upheld, and with the increased competition in the market, Physicians should be seeing drastic decreases in their insurance premiums.
