September 24, 2025 by matray

AM Best has affirmed MIEC’s financial strength rating of “A-” (Excellent), in the Financial Size Category of VII, with a stable outlook for the 21st consecutive year. Best’s independent rating includes comparisons to industry peers and standards, as well as examinations of business plans, operational philosophy and management. The “A-” (Excellent) rating reflects AM Best’s assessment of MIEC’s balance sheet, operating performance and outlook.

According to MIEC, its balance sheet strength, noted as strongest by AM Best, supports its ability to better serve members and support our insurance and financial obligations.

“MIEC has been protecting physicians and other healthcare professionals for now more than 50 years,” said Lamont Paxton, MD, MIEC Board of Governors chairman. “During that time, the practice of medicine has evolved considerably, and MIEC has consistently adapted to meet the changing needs of our membership. However, our founding philosophy of placing physicians ahead of profits has remained steadfast. That philosophy combined with strong financial management has allowed us to provide the best protection and risk management services to our members for the last five decades, as evidenced by our most recent AM Best affirmation.”