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.
NAIC Victim of Cyber Incident Via PeopleSoft System 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says From This Issue
