Category Archives: A.M. Best

New York State Society of Plastic Surgeons Selects The Doctors Company as Exclusive Partner

The New York State Society of Plastic Surgeons (NYSSPS) Executive Council has chosen The Doctors Company as the exclusively endorsed medical malpractice insurer for its members. “We chose to endorse The Doctors Company because as an organization founded and led … Continue reading

Posted in A.M. Best, The Doctors Company | Leave a comment

A.M. Best Affirms A (Excellent) Rating for Coverys Companies

A.M. Best announced it has affirmed the Financial Strength Rating of A (Excellent) for Medical Professional Mutual Insurance Co. (ProMutual) wholly owned subsidiaries, ProSelect Insurance Cos. (ProSelect), Preferred Professional Insurance Co. (PPIC), Coverys Specialty Insurance Co. (Coverys Specialty) and its … Continue reading

Posted in A.M. Best, Coverys | Leave a comment

Financial Strength Rating Affirmation of Coverys Member Companies and Assigned Credit Rating to Healthcare Underwriters Group, Inc.

A.M. Best announced it has affirmed the Financial Strength Rating of A (Excellent) for Medical Professional Mutual Insurance Co. (ProMutual) wholly owned subsidiaries, ProSelect Insurance Cos. (ProSelect), Preferred Professional Insurance Co. (PPIC), Coverys Specialty Insurance Co. (Coverys Specialty) and its … Continue reading

Posted in A.M. Best, Coverys | Leave a comment

CMIC Group’s A- (Excellent) Rating Affirmed by A.M. Best; Outlook Revised to Negative

CMIC Group, a mutual medical professional liability insurance provider, was recently notified that A.M. Best has affirmed the Company’s financial strength rating of A- (Excellent), and the Long-Term Issuer Credit Ratings of “A-” of Connecticut Medical Insurance Company (CMIC) (Glastonbury, … Continue reading

Posted in A.M. Best, CMIC | Leave a comment

A.M. Best Revises Outlooks to Negative for Members of Connecticut Medical Insurance Group

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Connecticut Medical Insurance Company (Glastonbury, Conn.) and its sponsored risk retention group company, CMIC Risk Retention … Continue reading

Posted in A.M. Best, CMIC | Leave a comment

A.M. Best Downgrades FSR, Credit Rating for MedMal Direct Insurance Co.; MPL Insurer Requests to No Longer Participate in Rating Process

A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Company (MedMal Direct) (Jacksonville, FL). The outlook of these Credit Ratings (ratings) has been revised … Continue reading

Posted in A.M. Best, MedMal Direct Insurance Co. | Leave a comment

A.M. Best Affirms “A” (Excellent) Rating for NORCAL Mutual Insurance Company, Outlook Revised to Stable

A.M. Best has again affirmed a rating of “A” (Excellent) for NORCAL Mutual Insurance Company and its affiliates, in addition to revising the ratings outlook to “stable.” The revised outlooks are attributed to the improvements in underwriting and operating performance … Continue reading

Posted in A.M. Best, NORCAL Mutual | Leave a comment

A.M. Best Downgrades Credit Ratings of Kansas Medical Mutual Insurance Co.; Assigns Credit Ratings to KaMMCO Casualty Co., Inc.

A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Company (KaMMCO) (Topeka, KS). The outlook of these Credit Ratings … Continue reading

Posted in A.M. Best, KAMMCO | Leave a comment

A.M. Best Affirms Credit Ratings of Members of MedPro Group

A.M. Best recently affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of the members of MedPro Group. These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN), its affiliates, Princeton Insurance Company (Princeton, NJ), PLICO, Inc. (Oklahoma City, … Continue reading

Posted in A.M. Best, Medical Protective (MedPro) | Leave a comment

A.M. Best Upgrades Credit Ratings of Some Members of Coverys Companies

On June 29, 2017, A.M. Best announced it has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) of Medical Professional Mutual Insurance Company’s (ProMutual) wholly owned subsidiaries, MHA Insurance Company (MHA), Washington Casualty Insurance Company (Washington Casualty) … Continue reading

Posted in A.M. Best, Coverys | Leave a comment