Defense Costs And Cost Containment Expenses As A Percent of Incurred Losses, 2018-2020 (1)

($000)

  2018 2019 2020
  Amount As a percent of incurred losses Amount As a percent of incurred losses Amount As a percent of incurred losses
Product liability $879,786 68.0% $660,292 49.4% $667,390 60.9%
Medical professional liability 1,698,577 41.9 1,910,421 40.7 2,100,614 42.4
Commercial multiple peril (2) 2,276,691 31.2 2,527,296 32.8 2,205,799 28.4
Other liability 4,552,421 14.8 6,580,700 19.2 7,140,717 17.8
Workers compensation 3,056,129 14.2 2,773,183 13.1 2,346,484 11.5
Commercial auto liability 1,823,122 10.2 2,140,124 10.5 2,028,971 10.5
Private passenger auto liability 6,007,501 6.5 6,575,194 6.8 5,425,870 6.6
All liability lines $20,294,227 11.6% $23,167,210 12.5% $21,915,845 12.5%
(1) Net of reinsurance, excluding state funds. (2) Liability portion only. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.