NORCAL Mutual Insurance Co. News

ProAssurance Looks to Acquire NORCAL in $450M Deal

Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction. Based on available estimates of premium, the combination of these companies is expected to create …

NORCAL Mutual Acquires Florida-Based FD Insurance

NORCAL Mutual Insurance Co. has completed its acquisition of FD Insurance, a Florida domiciled medical malpractice provider for physicians and surgeons. This acquisition expands NORCAL’s national footprint and establishes Jacksonville, Fla. as the company’s new Southeast regional office. “We’re very …

NORCAL Mutual to Acquire FD Insurance in Florida

NORCAL Mutual Insurance Co. and FD Insurance, a medical malpractice provider for physicians and surgeons in Florida, have signed a definitive agreement for NORCAL to acquire FD Insurance. This acquisition expands NORCAL’s national footprint and establishes Jacksonville, Fla., as its …

NORCAL Expands Medical Professional Liability Coverage to Arizona

NORCAL Mutual Insurance Company is now offering medical professional liability insurance to physicians and health care professionals in Arizona. This is the twelfth state to come under the parent company’s umbrella as part of NORCAL Mutual’s national expansion plan, which …

Stewart Joins NORCAL Mutual in California as SVP in Underwriting

San Francisco, Calif.-based NORCAL Mutual Insurance Co. has named Andre Stewart senior vice president of underwriting on custom accounts. Stewart will be responsible for new business growth with a focus on multistate and national accounts, program business, unique risks and …

NORCAL Mutual Expands Medical PL Coverage in Kansas, Missouri

San Francisco-based NORCAL Mutual Insurance Co. is expanding its coverage area to include Kansas and Missouri, offering a new enhanced medical professional liability insurance policy for healthcare professionals. The company’s subsidiary, Medicus Insurance Co., has been offering coverage in these …

Medicus Gets “A” Rating from A.M. Best Following Acquisition by NORCAL

Insurance rating service A.M. Best has given Medicus Insurance Co. an A (Excellent) rating following the company’s acquisition by San Francisco, Calif.-based NORCAL Mutual Insurance Co. Medicus joins the NORCAL Group of companies, including NORCAL Mutual Insurance Co. of San …