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.
Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver 
CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal 
Allstate Introduces Large Language Model, ALLIE 
OpenAI Finds Evidence Other AI Agents Escaped Containment as it Widens Probe From This Issue
