Utah Medical Professional Liability Insurance Profitability (2023)

In 2023, Medical Professional Liability insurers earned $86.7M in premiums in Utah and ran a 67.5% loss ratio — the 15th-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.

Utah loss ratio

67.5%

9.9% above national

Premiums earned

$86.7M

Underwriting profit

-30.7%

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

Getting Medical Professional Liability coverage in Utah

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

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