Cooperative of American Physicians' Mutual Protection Trust Earns 17th Consecutive A.M. Best A+ (Superior) Rating [Yahoo! Finance]
ProAssurance Corporation (PRA)
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Source: Yahoo! Finance
Best has reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT), California's second-largest provider of physician professional liability coverage. MPT has consistently achieved 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 standing to withstand potential risks and uncertainties. The A+ rating exemplifies MPT's ongoing ability to fulfill its financial obligations to its nearly 13,000 physician members. “We are proud to consistently earn this A+ (Superior) rating,” said CAP CEO Sarah Scher. “It reinforces CAP's status as a leader in the California medical malpractice coverage market and further demonstrates our commitment to ensuring our members receive exceptional protection they can trust.” A.M. Best also acknowledged the financial strength of Cooperative of American Physicians Insurance Company (CAPIC), which earned a rating of A
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PRA
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- 2/27/24 - Miss
PRA
Sec Filings
- 4/22/24 - Form 4/A
- 4/22/24 - Form 4/A
- 4/22/24 - Form 4/A
- PRA's page on the SEC website