December 8, 2020 by matray

AM Best  assigned a Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a­” to MMIC Risk Retention Group, Inc. (MMIC RRG). The outlook assigned to these credit ratings is stable. MMIC RRG is a sponsored risk retention group of Constellation, Inc., the parent company of… Continue reading...

December 8, 2020 by matray

The Cooperative of American Physicians (CAP) announced that its Mutual Protection Trust (MPT), the organization's core product, earned its fourteenth-consecutive A+ (Superior) Rating with a Stable Outlook from AM Best Co. “Given the turbulence that the COVID-19 pandemic has caused, especially on the medical community in California, physicians are now more… Continue reading...

December 3, 2020 by matray

The Board of Directors of ProAssurance Corp. has declared a cash dividend of $0.05 per common share, payable on Jan. 7, 2021, to shareholders who own its stock as of Dec. 22, 2020. For 2020, ProAssurance’s dividend policy anticipates a total annual dividend of $0.72 per share. On an annualized basis… Continue reading...

November 17, 2020 by matray

Grace Vandecruze, MBA, CPA, has been named to The Doctors Company Board of Governors. Vandecruze is founder and managing director at Grace Global Capital LLC, a consulting firm that has provided mergers and acquisitions (M&A) financial advisory, restructuring, and valuation services to the insurance industry and financial regulators since 2006. She… Continue reading...

October 15, 2020 by matray

Curi today announced that Jason Sandner will be its next chief executive officer. Sandner will officially take the helm on July 1, 2021, when current CEO Dale Jenkins steps down after more than 25 years of service to the company. Jenkins will continue to serve on Curi’s Board of Directors.… Continue reading...

September 24, 2020 by matray

The American Society for Healthcare Risk Management (ASHRM) has granted the ASHRM Writing Excellence Award to the journal article, “Harnessing the Power of Medical Malpractice Data to Improve Patient Care,” by authors from CRICO Strategies and UMass Memorial Health Care, Inc. The article was published in ASHRM’s Journal of Healthcare… Continue reading...

September 3, 2020 by matray

The Board of Directors of ProAssurance Corp. has declared a cash dividend of $0.05 per common share, payable on Oct. 9, 2020, to shareholders who own our stock as of September 24, 2020. For 2020, the ProAssurance dividend policy anticipates a total annual dividend of $0.72 per share. On an… Continue reading...

August 20, 2020 by matray

Curi has been named as one of the top 50 performing insurers in the property-casualty industry by the Ward Group. The Ward Group, part of Aon, provides benchmarking and best practices for the insurance industry. The Ward Group analyzes the financial performance of nearly 2,900 property-casualty companies in the United… Continue reading...

August 19, 2020 by matray

Conventus Inter-Insurance Exchange announced the launch of its modern and easy-to-navigate website, www.conventusnj.com, providing physicians, practice administrators and brokers with valuable resources for their clinical and business operations. Conventus focuses the new website on providing easy access to information and tools that help physicians and their teams with the daily… Continue reading...

August 10, 2020 by matray

A.M. Best has affirmed The Doctors Company’s financial strength rating (FSR) of A and the company’s long-term issuer credit rating (ICR) of “a+” and stated the outlook of these ratings is stable. These ratings apply to the parent group, The Doctors Company, An Interinsurance Exchange, and the following subsidiaries: TDC… Continue reading...