August 6, 2018 by matray

A.M. Best has upgraded the Long-Term Issuer Credit Rating to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of MAG Mutual Insurance Company (Atlanta, Ga.) and Professional Security Insurance Company (Scottsdale, Ariz.), collectively known as MAG Mutual Group. The outlook of these Credit Ratings (ratings) is… Continue reading...

June 18, 2018 by matray

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 by physicians and owned by members, they share our commitment… Continue reading...

June 8, 2018 by matray

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 sponsored risk retention group, Coverys RRG, Inc. In addition, Healthcare… Continue reading...

June 4, 2018 by matray

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 sponsored risk retention group, Coverys RRG, Inc.   In addition, Healthcare… Continue reading...

May 2, 2018 by matray

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, CT) and CMIC Risk Retention Group (District of Columbia). However,… Continue reading...

April 26, 2018 by matray

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 Group (District of Columbia). These companies are collectively referred to as Connecticut… Continue reading...

April 17, 2018 by matray

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 to negative from stable. Concurrently, A.M. Best has withdrawn the… Continue reading...

March 29, 2018 by matray

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 trends, along with A.M. Best’s expectation of sustaining positive trends… Continue reading...

September 8, 2017 by matray

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 (ratings) has been revised to negative from stable. In addition,… Continue reading...

July 18, 2017 by matray

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, OK), Commercial Casualty Insurance Company (Fort Wayne, IN) and Atlanta International Insurance Company (Flushing,… Continue reading...