{"id":55774,"date":"2024-02-03T10:33:05","date_gmt":"2024-02-03T10:33:05","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/cooperative-of-american-physicians-mutual-protection-trust-earns-17th-consecutive-a-m-best-a-superior-rating\/"},"modified":"2024-02-03T10:33:05","modified_gmt":"2024-02-03T10:33:05","slug":"cooperative-of-american-physicians-mutual-protection-trust-earns-17th-consecutive-a-m-best-a-superior-rating","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/cooperative-of-american-physicians-mutual-protection-trust-earns-17th-consecutive-a-m-best-a-superior-rating\/","title":{"rendered":"Cooperative of American Physicians\u2019 Mutual Protection Trust Earns 17th Consecutive\u00a0A.M. Best A+ (Superior) Rating"},"content":{"rendered":"
\n

LOS ANGELES, Feb. 02, 2024 (GLOBE NEWSWIRE) — The Cooperative of American Physicians, Inc.<\/a>\u00a0(CAP) announced that A.M. Best has reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT), California’s second-largest provider of physician professional liability coverage. MPT has consistently achieved this rating from A.M. Best since 2006.<\/p>\n

A.M. Best once again recognized MPT for \u201cmaintaining the strongest level of risk-adjusted capitalization,\u201d signifying its solid financial standing to withstand potential risks and uncertainties. The A+ rating exemplifies MPT\u2019s ongoing ability to fulfill its financial obligations to its nearly 13,000 physician members.<\/p>\n

\u201cWe are proud to consistently earn this A+ (Superior) rating,\u201d said CAP CEO Sarah Scher. \u201cIt reinforces CAP\u2019s status as a leader in the California medical malpractice coverage market and further demonstrates our commitment to ensuring our members receive exceptional protection they can trust.\u201d<\/p>\n

A.M. Best also acknowledged the financial strength of Cooperative of American Physicians Insurance Company (CAPIC), which earned a rating of A- (Excellent). CAPIC is a wholly owned subsidiary of CAP and provides medical malpractice coverage tailored to large medical groups, reinsurance, and other benefits to its physician members.<\/p>\n

A.M. Best is the oldest and most widely recognized independent provider of financial ratings and information, with an exclusive focus on the insurance industry. A.M. Best\u2019s credit ratings are internationally recognized and summarize an organization\u2019s ability to pay claims, debts, and other financial obligations in a timely manner. For more information on A.M. Best and its rating criteria, visit www.ambest.com<\/a>.<\/p>\n

About the Cooperative of American Physicians, Inc.<\/strong>
The Cooperative of American Physicians, Inc. (CAP), established in 1975, offers superior medical professional liability coverage to California\u2019s finest physicians through the Mutual Protection Trust (MPT). Cooperative of American Physicians Insurance Company (CAPIC), an Arizona-domiciled surplus lines insurance company, provides medical professional liability coverage to large medical groups and is a non-admitted carrier. CAP supports its members through offices in Los Angeles, San Diego, Orange County, and Walnut Creek. CAP is licensed as a California surplus lines broker (License No.\u00a00B72723). For more information, visit\u00a0www.CAPphysicians.com<\/u><\/a>.<\/p>\n

Contact<\/strong>: Ernest Khirallah
ekhirallah@CAPphysicians.com<\/a>
213-473-8737<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

LOS ANGELES, Feb. 02, 2024 (GLOBE NEWSWIRE) — The Cooperative of American Physicians, Inc.\u00a0(CAP) announced that A.M. Best has reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT), California’s second-largest provider of physician professional liability coverage. MPT has consistently achieved this rating from A.M. Best since 2006. A.M. Best once again recognized MPT […]<\/p>\n","protected":false},"author":2,"featured_media":55775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/72cbac57-393f-421b-ac5f-87c8f528f2d1","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-55774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/55774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=55774"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/55774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/55775"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=55774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=55774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=55774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}