The “Api” FSR on Mutual Insurance Company of Arizona was affirmed by S&P. Key rating factors included extremely strong capital adequacy, historically positive operating results and conservative reserving. Those positive factors were partially offset by the company’s high geographic and product-line concentration. The company is licensed in Arizona, Colorado, New Mexico and Utah. It mainly writes medical malpractice liability and related coverage for physicians and their groups.
Was this article valuable?
Here are more articles you may enjoy.
Gemini Hacked Three Companies in First Known Breakout by Google’s AI 
Florida Home Sellers Cutting Prices Adds to Pressure on Lennar 
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud 
New York Law Confirms Insurer Liability for Bad Faith Includes Third-Party Claims From This Issue
