Forbes March 26, 2025
News that The Doctors Company is spending $1.3 billion to buy ProAssurance and take the specialty medical insurer private could be a sign of more consolidation among companies in the business of selling medical malpractice coverage.
The Doctors Company’s proposed purchase comes with healthcare costs rising and a wave of consolidation and buyouts among physician practices of all sizes. The Doctors Company is one of the largest physician-owned providers of medical malpractice coverage in the country and will broaden its position as a more diversified partner to physicians and healthcare systems, analysts say.
“The acquisition will increase The Doctors Company’s scale and strengthen its position as a leading medical professional liability insurance carrier,” Fitch Ratings said in a report analyzing...