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DEFENSE COSTS AND COST CONTAINMENT EXPENSES AS A PERCENT OF INCURRED LOSSES, 2008-2010 (1)

($000)

  2008 2009 2010
  Amount As a percent of incurred losses Amount As a percent of incurred losses Amount As a percent of incurred losses
Medical malpractice $1,865,598 58.3% $1,886,557 57.2% $1,808,104 61.4%
Products liablity 1,028,628 63.8 1,028,628 63.8 895,591 57.0
Commercial multiple peril (2) 1,811,415 34.3 1,799,507 43.7 1,880,941 44.7
Other liability 4,835,297 25.5 5,174,214 24.8 5,289,585 25.6
Workers compensation 2,642,574 11.8 2,407,144 10.8 2,492,843 11.2
Commercial auto liability 1,070,040 10.7 963,574 10.3 929,009 10.6
Private passenger auto liability 3,595,860 5.9 3,928,788 6.3 3,946,317 6.2
All liability lines $16,849,412 13.8% $17,188,412 13.8% $17,242,390 13.8%

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

Source: SNL Financial LC.