Maine Medical Professional Liability Insurance Profitability (2023)

In 2023, Medical Professional Liability insurers earned $55.7M in premiums in Maine and ran a 86.1% loss ratio — the 5th-highest of 51 states (one of the highest loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Maine loss ratio

86.1%

28.5% above national

Premiums earned

$55.7M

Underwriting profit

-29.6%

Nationally, Medical Professional Liability ran a 57.6% loss ratio in 2023, so Maine is above the national average. See how every state compares on the Medical Professional Liability market page.

Getting Medical Professional Liability coverage in Maine

See recent Maine rate filings on the Maine rate page, learn how Medical Professional Liability works in our Medical Professional Liability guide, then compare real quotes for your business.

Compare Maine Medical Professional Liability Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.