Cooperative of American Physicians’ Mutual Protection Trust Earns 17th Consecutive A.M. Best A+ (Superior) Rating

February 5, 2024 by matray

The Cooperative of American Physicians, Inc. (CAP) announced that A.M. Best reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT). MPT has annually received this rating from A.M. Best since 2006. A.M. Best once again recognized MPT for “maintaining the strongest level of risk-adjusted capitalization,” signifying its solid financial… Continue reading...

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Cooperative of American Physicians’ Mutual Protection Trust Earns 17th Consecutive A.M. Best A+ (Superior) Rating

February 5, 2024 by matray

The Cooperative of American Physicians, Inc. (CAP) announced that A.M. Best reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT). MPT has annually received this rating from A.M. Best since 2006. A.M. Best once again recognized MPT for “maintaining the strongest level of risk-adjusted capitalization,” signifying its solid financial… Continue reading...

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T. Bryan Carter Promoted to Chief Marketing Officer at Integris Group

February 2, 2024 by matray

Integris Group announced the promotion of T. Bryan Carter to chief marketing officer. Carter is the former chief operating officer and senior vice president of MedMal Direct Insurance Co., which Integris Group recently acquired. Carter has more than 30 years of experience in the insurance and healthcare industry. He joined… Continue reading...

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MSSNY, MLMIC Announce Exclusive 10% Discount on Medical Liability Insurance for Qualifying Members of MSSNY

February 1, 2024 by matray

The Medical Society of the State of New York (MSSNY) and MLMIC Insurance Company (MLMIC) are pleased to announce a new exclusive program that will bring a 10% discount medical liability insurance to qualifying members of MSSNY. Born out of the auspices of MSSNY in 1975 during the malpractice crisis,… Continue reading...

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AM Best Affirms Credit Ratings of MLMIC Insurance Company

January 31, 2024 by matray

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

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The Doctors Company Promotes Deepika Srivastava to Chief Operating Officer

January 30, 2024 by matray

The Doctors Company promoted Deepika Srivastava to chief operating officer. Srivastava will oversee claims, underwriting, sales, patient safety and risk management, and the shared services of Technology, Cybersecurity, Innovation & Enterprise Project Office for all TDC Group business units. Deepika Srivastava “I am pleased to congratulate Deepika on her enhanced… Continue reading...

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LAMMICO Named a 2023 ‘Best and Brightest Company to Work For in the Nation’

January 29, 2024 by matray

LAMMICO was named one of the “Best and Brightest Companies to Work For in the Nation” for Winter 2023 by the National Association for Business Resources. An independent research firm assessed the winners by reviewing several key measures relative to other nationally recognized winners, based on categories such as communication, work-life balance, employee… Continue reading...

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Risk Strategies Acquires Professional Risk Associates

January 26, 2024 by matray

Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Professional Risk Associates, Inc. (PRA), a Virginia-based specialty healthcare insurance agency helping medical professionals manage a range of risks and liabilities. Terms of the deal were not disclosed. Founded in 1989 and licensed in 36 states, PRA… Continue reading...

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EmPRO Insurance Expands Footprint with First New Jersey Office

January 25, 2024 by matray

EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, announced today the opening of its first office in New Jersey, marking a significant milestone in the company’s strategic expansion plan throughout the Northeast. This new venture, based in Hamilton, N.J., is guided by Brian Kriger, EmPRO’s newly appointed vice president… Continue reading...

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Alera Group Acquires CLS Healthcare Liability Specialists

January 22, 2024 by matray

Alera Group, an independent national insurance and financial services firm, announced the acquisition of Florida-based CLS Healthcare Liability Specialists (CLS). With more than 25 years of experience, CLS serves the medical community as an independent agency specializing in creative medical malpractice insurance solutions for physicians, surgeons, hospitals, locum tenens firms,… Continue reading...

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