January 1, 2004
Texas Medical Liability Trust implements a 12% rate cut; the first major carrier to implement a rate cut following the passage of Proposition 12.

Feb. 17, 2005
American Physicians Insurance Company (APIE) announces 5 % rate cut for two-thirds of their insured Texas physicians. The Doctors Company announces rate cuts ranging from 9-14 percent.

April 7, 2005
Medical Protective announces a 2 % rate cut –their first cut since the passage of Proposition 12.

Aug. 16, 2005
American Physicians Insurance Exchange (APIE) announces their second rate cut within the span of seven months –this, a 13 percent cut.

Sept. 23, 2005
Medical Protective announces 5 % rate cut--their second announced cut within a six-month span.

March 23, 2006
The Doctors Company announces an 18% rate reduction—their second cut since the passage of Proposition 12.

Sept. 20, 2004
Texas Medical Liability Trust announces a 5% rate cut, their second rate reduction since the passage of Proposition 12.

March 15, 2005
The Joint Underwriting Association (JUA) announces a 10 % rate cut. Just 16 months earlier the JUA sought a 36 % rate hike; a rate increase rejected by then-Insurance Commissioner Jose Montemayor. The JUA subsequently froze their rates until the announced rate cut in March.

Early May 2005
The American Medical Association (AMA) takes Texas off its list of states in crisis. Texas is the only state ever to be removed from this list.

Sept. 17, 2005
Texas Medical Liability Trust (TMLT) declares 3rd rate cut since the passage of Prop. 12-this, a $27.9 premium reduction –a combination of rate cuts, dividends and discounts for good claims experience. The $10 million dividend is the equivalent of a 5 % rate cut.

Feb. 17, 2006
Medical Protective announces a 13% rate cut--their third announced rate cut within the span of 11 months.