News & Insights

LAMMICO’s “A” Rating Reaffirmed by A.M. Best

July 03, 2018

LAMMICO’s “A” Rating Reaffirmed by A.M. Best

The world’s oldest and most authoritative source of insurer financial performance, A.M. Best, recently awarded LAMMICO an “A” (Excellent) rating for 2017. This recognition, which also applies to LAMMICO’s sponsored LAMMICO Risk Retention Group, Inc., reflects the continued commitment of our board and management to be a financially strong and stable medical professional liability insurance carrier.

A.M. Best cites our “strong capitalization driven by a conservative loss reserving philosophy, consistently favorable operating performance, high policyholder retention and leadership position in providing medical professional liability insurance coverage to physicians and other healthcare professionals.” These ratings underscore LAMMICO's continued improvement in the financial strength and overall growth of the company allowing our insureds to practice with confidence.

 

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