Napa, California—June 19, 2014—Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength rating for The Doctors Company, the nation’s largest physician-owned medical malpractice insurer. Fitch also announced that the rating outlook for all ratings is “Stable.”
Fitch announced that the ratings are based on The Doctors Company’s above-average underwriting performance and profitability compared to its medical professional liability insurance peers, favorable loss reserve levels, strong statutory capital position, and an experienced management team that employs a conservative operating strategy that is focused on long-term underwriting profitability.
The “A” with “Stable Outlook” rating includes The Doctors Company’s wholly owned subsidiaries:
- The Doctors Company, an Interinsurance Exchange
- TDC Specialty Insurance Company (formerly known as Professional Underwriters Liability Insurance Company)
- Underwriter for the Professions Insurance Company
- OHIC Insurance Company (OHIC)
- American Physicians Assurance
- First Professionals Insurance Company
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the nation’s largest physician-owned medical malpractice insurer, with 75,000 members and $4.3 billion in assets, and is rated A by A.M. Best Company and Fitch Ratings.
About The Premium Group
The Premium Group is licensed in all 50 states to sell medical malpractice insurance for physicians, physician groups, and hospitals. We can help hospitals and health systems lower the cost on medical malpractice insurance. We can also implement steps to lower the administrative burden and cost of implementing new medical malpractice insurance programs.