The issues that once drove dramatic increases in liability insurance costs for those in the health care industry have not disappeared, but the abundance of capital, improved risk management practices and adoption of tort reforms have helped soften pricing for this high-risk but ever expanding sector, experts in the field observed.

According to insurance brokers who specialize in this marketplace, one of the typical soft market drivers influencing premium quotes is the abundance of capital insurers are willing to invest. In turn, that is driving increased competition, with new entrants drawn to the line by declining loss experience.

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