Study Shows Insurance Industry Overstates Losses....

Study Shows Insurance Industry Overstates Losses
The Foundation for Taxpayer and Consumer Rights conducted a study that shows losses reported to state regulators are often overstated by as much as 31 percent. The study was conducted over a decade to examine the actual costs incurred by insurance companies paying malpractice claims. About 190 companies offer medical malpractice insurance, resulting in more than $9 billion in insurance premiums written each year.
Dean Starkman, The Washington Post  12/30/2005 Read Article: The Washington Post