On September 10, A.M. Best affirmed ProAssurance Group’s Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-.” ProAssurance has a long record of being among the most financially strong healthcare liability insurers in the business. Our strong balance sheet represents our commitment to our customers and the long-term stability we provide through our group of companies.
According to the Business Wire press release, “The group’s operating performance consistently has outperformed peers in the medical professional liability (MPL) insurance sector, reflecting disciplined underwriting standards, conservative reserving practices, and proactive legal defense and claims handling philosophy.”
Some of our other ratings include:
- Eastern Alliance Insurance Group: Rated A (Excellent), Long-Term Issuer Credit Rating: “a+”
- PACO Assurance Company, Inc.: Rated A- (Excellent), Long-Term Issuer Credit Rating: “a-”
ProAssurance’s credit ratings are stable. For a full listing of our financial ratings for ProAssurance Group and subsidiary companies, visit ProAssurance.com/FinancialStrength.