Ohio Medical Professional Liability Insurance Profitability (2023)

In 2023, Medical Professional Liability insurers earned $272.9M in premiums in Ohio and ran a 23.2% loss ratio — the 49th-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.

Ohio loss ratio

23.2%

34.4% below national

Premiums earned

$272.9M

Underwriting profit

36.4%

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

Getting Medical Professional Liability coverage in Ohio

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

Compare Ohio 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.