MICA Once Again Rated A (Excellent) by AM Best
Mutual Insurance Company of Arizona (MICA) announced that AM Best has once again assigned a financial strength rating of “A” (Excellent), with a corresponding long-term issuer credit rating of “a+” (Excellent) and a stable outlook. MICA Risk Retention Group, Inc. also received an AM Best “A” (Excellent) rating.
“MICA’s level of risk-adjusted capitalization is among the strongest in the medical professional liability industry as evidenced by AM Best’s evaluation,” said MICA President and CEO Ed Marley. “As a policyholder-owned and physician-directed mutual insurance company, MICA remains steadfast in its focus on assuring a solid financial foundation, enabling MICA to deliver on its commitment of availability, service and support to policyholders.”