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Article: A.M. Best Affirms Ratings of American Physicians Capital, Inc. and American Physicians Assurance Corp.
- Article from:
- Health & Beauty Close-Up
- Article date:
- April 13, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of "a-" of American Physicians Assurance Corp. (American Physicians), the primary member of American Physicians Group.
American Physicians is the lead subsidiary of American Physicians Capital, Inc. (APCapital) (NASDAQ: ACAP). A.M. Best also has affirmed the ICR of "bbb-" of APCapital. The outlook for these ratings is stable.
Concurrently, A.M. Best has affirmed the FSRs of B+ (Good) and B- (Fair) and the ICRs of "bbb-" and "bb-" of APSpecialty Insurance Corp. (APSpecialty) and Insurance Corp. of America (ICA), respectively. The outlook for ...