West Virginia Medical Professional Liability Insurance Profitability (2023)

In 2023, Medical Professional Liability insurers earned $71.6M in premiums in West Virginia and ran a 33.1% loss ratio — the 43rd-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.

West Virginia loss ratio

33.1%

24.5% below national

Premiums earned

$71.6M

Underwriting profit

32.1%

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

Getting Medical Professional Liability coverage in West Virginia

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

Compare West Virginia 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.