The Doctors Company is introducing a rate reduction to its physicians and surgeons professional liability program in New Jersey, with changes set to take effect October 1, 2026 for both new and renewal business.

The filing reflects a broad decrease across specialties, with rate changes ranging from -45.9% to -22.7%. Most physicians will see reductions at the floor of that range, around -22.7%.

Overall, the program carries a -25.1% rate impact, reducing written premium by about $553,758 across a book of roughly $2.2 million and 133 policyholders.

The move stands out in a line often associated with volatility. The company’s actuarial analysis, based on New Jersey experience from 2011 through 2024, points to improved loss dynamics relative to prior expectations, supporting a nearly 30% indicated decrease.