North Carolina Medical Professional Liability Insurance Profitability (2023)

In 2023, Medical Professional Liability insurers earned $205.7M in premiums in North Carolina and ran a 39.5% loss ratio — the 41st-highest of 51 states (one of the lowest loss ratio for the line).

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

North Carolina loss ratio

39.5%

18.1% below national

Premiums earned

$205.7M

Underwriting profit

17.6%

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

Getting Medical Professional Liability coverage in North Carolina

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

Compare North Carolina 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.