Fitch Ratings Affirms The Doctors Company’s ‘A’ Ratings and ‘Stable’ Outlook
Napa, California—July 1, 2016—Fitch Ratings has affirmed its “A” (Strong) Insurer Financial Strength (IFS) ratings 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 stated 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 operating strategy that is focused on long-term underwriting profitability.
The “A” with “Stable Outlook” ratings also include:
- The Doctors Company, an Interinsurance Exchange
- American Physicians Assurance
- First Professionals Insurance Company, Inc.
- OHIC Insurance Company
- TDC Specialty Insurance Company
- Underwriter for the Professions Insurance Company
- The Doctors Company Risk Retention Group, a Reciprocal Exchange
The Doctors Company Risk Retention Group was formed to provide another option to meet the evolving needs of multi-state healthcare providers and those with unique affiliations.
About The Doctors Company
Founded and led by physicians, 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 78,000 members and $4.3 billion in assets, and is rated A by A.M. Best Company and Fitch Ratings.
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