MedAmerica News
AM Best Upgrades MedAmerica Mutual to A-
MedAmerica Mutual
Thursday, June 14, 2007
Thursday, June 14, 2007
WALNUT CREEK, Calif., June 14, 2007 - MedAmerica Mutual RRG, Inc. a provider of medical
professional liability protection for over 2.3 million emergency medicine patient visits in California
and Arizona announced an upgraded A.M. Best financial strength rating of "A-" (Excellent).
According to A.M. Best, the rating recognizes MedAmerica Mutual RRG, Inc.'s good operating
profitability, supportive capitalization and strong emergency medicine specialty market focus.
MedAmerica Mutual maintains its core operational focus and benefits from its extensive
knowledge of the highly specialized emergency medicine market segment. The rating also
recognizes the Company's strict underwriting guidelines and high level of customer service,
including active emergency medicine risk management strategies and aggressive defense of nonmeritorious
claims.
"The upgrade reaffirms the Board's confidence in the senior management and leadership team to
move the Company to the next level. The Board also recognizes the value of our policyholders'
commitment to building a strong insurance company for emergency medicine practitioners by
practicing excellent risk management," said Martin E. Ogle, M.D., Chair of the Board of
MedAmerica Mutual.
A.M. Best also noted, in a letter to the Mutual's President, that the rating reflects management's
demonstrated operating expertise within its niche market of emergency medicine liability
coverage and the expectation of continued operating profitability and maintenance of reserve
adequacy and supportive capitalization.
Gloria H. Everett, President & Chief Executive Officer, welcomed the news of A.M. Best's
upgrade. Ms. Everett stated, "The upgrade to an "A-" means the Mutual is receiving recognition
for delivering consistent positive financial results through disciplined underwriting and
implementation of effective risk management programs." Ms. Everett believes the Mutual is
poised to continue increasing the Company's exceptional financial results as staff remains
focused on providing superlative emergency medicine claims and risk management services.
MedAmerica Mutual RRG, Inc. is a self-managed risk retention group domiciled in the State of
Hawaii with 15 years of successful operating results. The Company is owned and governed by its
participating members who are emergency medicine physicians and their medical groups. More
information on MedAmerica Mutual can be learned at www.mmrrg.com.
For more information contact:
Kevin Cichurski, Vice President of Underwriting and Policyholder Services
925.949.0100
cichurskik@mmrrg.com
professional liability protection for over 2.3 million emergency medicine patient visits in California
and Arizona announced an upgraded A.M. Best financial strength rating of "A-" (Excellent).
According to A.M. Best, the rating recognizes MedAmerica Mutual RRG, Inc.'s good operating
profitability, supportive capitalization and strong emergency medicine specialty market focus.
MedAmerica Mutual maintains its core operational focus and benefits from its extensive
knowledge of the highly specialized emergency medicine market segment. The rating also
recognizes the Company's strict underwriting guidelines and high level of customer service,
including active emergency medicine risk management strategies and aggressive defense of nonmeritorious
claims.
"The upgrade reaffirms the Board's confidence in the senior management and leadership team to
move the Company to the next level. The Board also recognizes the value of our policyholders'
commitment to building a strong insurance company for emergency medicine practitioners by
practicing excellent risk management," said Martin E. Ogle, M.D., Chair of the Board of
MedAmerica Mutual.
A.M. Best also noted, in a letter to the Mutual's President, that the rating reflects management's
demonstrated operating expertise within its niche market of emergency medicine liability
coverage and the expectation of continued operating profitability and maintenance of reserve
adequacy and supportive capitalization.
Gloria H. Everett, President & Chief Executive Officer, welcomed the news of A.M. Best's
upgrade. Ms. Everett stated, "The upgrade to an "A-" means the Mutual is receiving recognition
for delivering consistent positive financial results through disciplined underwriting and
implementation of effective risk management programs." Ms. Everett believes the Mutual is
poised to continue increasing the Company's exceptional financial results as staff remains
focused on providing superlative emergency medicine claims and risk management services.
MedAmerica Mutual RRG, Inc. is a self-managed risk retention group domiciled in the State of
Hawaii with 15 years of successful operating results. The Company is owned and governed by its
participating members who are emergency medicine physicians and their medical groups. More
information on MedAmerica Mutual can be learned at www.mmrrg.com.
For more information contact:
Kevin Cichurski, Vice President of Underwriting and Policyholder Services
925.949.0100
cichurskik@mmrrg.com