First few Article Sentences
Over the last decade or more, the healthcare industry has been in what is considered a soft market. Decreasing premiums, flexible underwriting, and an abundance of capacity have insurers looking to expand their market share by growing their book of business. Often, insurers would outbid or underprice an account to win the business. While many in the insurance industry over the last two years have seen rising rates, diminished capacity, and strict underwriting practices, especially in the property and automobile lines, the medical malpractice insurance has remained relatively unaffected by the hardening market until recently. There are signs that market conditions are firming substantially with some tough years yet to come.