Improved results and better dividends for PIAA companies
New research into the financial statements of 31 of the leading PIAA companies for 2000, 2006 and 2007, reveals that results have steadily improved due to increased premiums and decreased losses. As a consequence, there is likely to be better dividend activity and future rate changes. This research, conducted by BMS' actuarial and medical malpractice specialist team, follows on from the BMS report last year which reviewed and re-analyzed the data used by Jay Angoff's (former State of Missouri Insurance Commissioner) much publicized report - 'No Basis for High Insurance Rates'.
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Useful links
BMS Medical Malpractice White Paper 3 Dec 2007