A.M. Best: Med Mal Leads Captives’ Premium Decline

From the Wall Street Journal‘s Market Watch:

OLDWICK, N.J., Jul 25, 2008 (BUSINESS WIRE) — Falling medical malpractice premiums led to a 15% drop in net premiums written between 2006 and 2007 for a composite of captive insurance companies, but captives overall benefited from favorable underwriting trends, according to a new A.M. Best Co.’s special report in BestWeek U.S./Canada.