To: Go Gordon
As a result, they are having to charge bigger premiums. Insurance companies also started raising premiums almost immediately after 9/11/01. That event, in conjunction with stock market losses, had a devastating effect on all types of insurers. Curiously, I've seen no reports that plaintiffs' attorneys have suffered from 9/11 or the stock market's decline.
To: mountaineer
Insurance for the medical providers is becoming a problem across the entire USA. The roots are many from lawsuit abuse, lack of policing within the medical industry, etc. In Texas the number of insurance carriers has dropped from 17 down to 4 within the last couple of years. Doctors are leaving the practicing profession to other fields of teaching, research, consulting, etc.
46 posted on
12/28/2002 11:28:19 AM PST by
deport
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