San Francisco-based Majestic Insurance Co., a California-based workers’ compensation carrier, has been assigned a rating of “A-” and a financial size category of “V” by A.M. Best.
The rating reflects Majestic’s stable operating results and expertise, according to A.M. Best. The company continues to generate a favorable total return on surplus, driven by strong investment income, including capital gains.
Majestic specializes in state and USL&H Act workers’ comp coverage.
Was this article valuable?
Here are more articles you may enjoy.
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Truckers Who Fail English Tests Are Pulled Off Roads in Crackdown 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
Dunkin’ Cashier in Georgia, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp From This Issue
