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DEFENSE COSTS AND COST CONTAINMENT EXPENSES AS A PERCENT OF INCURRED LOSSES, 2007-2009 (1)

($000)

  2007 2008 2009
  Amount As a percent of incurred losses Amount As a percent of incurred losses Amount As a percent of incurred losses
Products liability $949,839 77.6% $1,028,628 63.8% $1,029,911 86.2%
Medical malpractice 2,046,772 54.9 1,865,598 58.3 1,886,591 57.3
Commercial multiple peril (2) 2,705,572 19.8 1,811,415 34.3 1,799,507 43.7
Other liability 5,372,694 24.5 4,835,297 25.5 5,174,214 24.8
Workers compensation 2,903,862 12.2 2,642,574 11.8 2,407,144 10.8
Commercial auto liability 1,166,907 11.6 1,070,040 10.7 963,574 10.3
Private passenger auto liability 3,648,746 6.1 3,595,860 5.9 3,928,911 6.3
All liability lines $18,794,392 14.0% $16,849,412 13.8% $17,189,852 13.9%

(1) Net of reinsurance, excluding state funds.
(2) Liability portion only.

Source: SNL Financial LC.