SVMIC Speaks on Effect of New Malpractice Legislation on Rates

SVMIC’s position on how the new statute making it more difficult to sue physicians will impact what doctors pay for medical malpractice insurance:

"Regarding the effect of this reform on your professional liability insurance, it will be difficult to quantify what, if any, rate changes are a direct result of the reform. A multitude of factors affect the filing of suits and awards in medical malpractice cases, therefore it may be a period of time before any effect will be realized. We congratulate the TMA on their accomplishment after many years of hard work for reform."

Is anyone surprised by this?