Aspen Claims Service

Hospital Industry Commercial Claims Up

 Thursday, January 19, 2012

 Insurance Networking News

There has been a rise in the hospital industry’s professional liability claims frequency and severity, according to a new benchmarking report on professional liability claims trends in the hospital industry. The study, conducted by Zurich, a property and casualty insurance provider globally and in North America, is based on Zurich’s claims data (through 2008, the latest information available) of 343,000 non-zero claims and $27 billion undeveloped losses from approximately 1,150 hospitals nationally.
Liability
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