AM Best Affirms ‘Superior’ Credit Ratings of Members of MedPro Group

July 15, 2022 by matray

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Co. and its affiliates: Princeton Insurance Co., PLICO Inc., Wellfleet Insurance Co, and Wellfleet New York… Continue reading...

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A.M. Best Reaffirms Superior Rating of the Cooperative of American Physicians’ Mutual Protection Trust

December 16, 2021 by matray

The Cooperative of American Physicians, Inc. (CAP) announced today that the Mutual Protection Trust (MPT), its medical malpractice/professional liability coverage product for California physicians, again earned an A+ (Superior) rating from A.M. Best. This marks the 15th-consecutive year MPT achieved this rating. As part of its grading report, A.M. Best praised MPT… Continue reading...

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AM Best Assigns Credit Ratings to Applied Medico-Legal Solutions Risk Retention Group, Inc.

December 15, 2021 by matray

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Applied Medico-Legal Solutions Risk Retention Group, Inc. (AMS RRG) (Phoenix, AZ). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect AMS RRG’s balance sheet strength,… Continue reading...

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AM Best Affirms Superior FSR, Credit Ratings of MLMIC Insurance Company

November 30, 2021 by matray

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of MLMIC Insurance Company (MLMIC) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MLMIC’s balance sheet strength, which AM Best assesses… Continue reading...

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AM Best Revises Issuer Credit Rating Outlook to Stable for Members of Kansas Medical Mutual Group

November 8, 2021 by matray

AM Best has revised the outlook of the Long-Term Issuer Credit Ratings (Long-Term ICR) to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term ICRs of “bbb+” (Good) of Kansas Medical Mutual Insurance Company, and its subsidiary, KAMMCO Casualty Company, Inc. These companies are referred… Continue reading...

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AM Best affirms ratings of Mutual Insurance Company of Arizona

September 21, 2021 by matray

Mutual Insurance Company of Arizona (MICA) announced yesterday that AM Best affirmed its Financial Strength Rating (FSR) of A (Excellent) with a stable outlook. AM Best also affirmed the FSR rating of the MICA Risk Retention Group, Inc., as A (Excellent), also with a stable outlook. “As a mutual insurance… Continue reading...

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AM Best Removes Under Review with Developing Implications, Affirms Credit Ratings of NORCAL Group’s Members

September 10, 2021 by matray

AM Best has removed the under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) for the members of NORCAL Group (NORCAL). The outlook of these Credit Ratings (ratings) is stable. (See below for… Continue reading...

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AM Best Affirms ‘Superior’ Credit Ratings of Members of MedPro Group

June 30, 2021 by matray

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+”(Superior) of the members of MedPro Group. These Credit Ratings apply to The Medical Protective Company and its affiliates: Princeton Insurance Company; PLICO, Inc.; Wellfleet Insurance Company; and Wellfleet New York Insurance Company;… Continue reading...

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AM Best Revises Outlooks to Positive for California Healthcare Insurance Company, Inc., A Risk Retention Group

June 21, 2021 by matray

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of California Healthcare Insurance (CHI) Company, Inc., A Risk Retention Group. The Credit Ratings reflect CHI’s balance sheet strength, which AM Best assesses… Continue reading...

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AM Best Affirms Credit Ratings of Members of MedPro Group

June 15, 2021 by matray

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

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