Monday, October 27, 2008
PROP 12 BRINGS ANOTHER RATE CUT
Medical Protective announced a 6.2-percent rate reduction effective Jan. 1, 2009. It is Med Pro’s sixth rate cut in the past four years and the 25th rate cut by a Texas physician liability carrier since the passage of the 2003 lawsuit reforms. Texas physicians have seen their liability premiums reduced, on average, 27 percent.
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