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.
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
Abbott Presses Congress for Legal Shield Over Preemie Baby Formula Lawsuits 


