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The outlook upgrade from A- (Excellent) with a Stable Outlook to A- (Excellent) with a Positive Outlook is yet another indication of MAG Mutual’s financial stability and overall financial health. MAG Mutual continues to be “stronger than ever.”
A. M. Best advised that it has “revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent).” Additionally, A.M. Best also indicated that “the ratings of MAG Mutual reflect its excellent capitalization, strong operating profitability over the recent period and its leadership position in providing medical professional liability coverage to healthcare providers in Georgia. Additionally, MAG Mutual has a seasoned geographic spread of business in contiguous states in the Southeast.”
The company recently mailed its 2009 Annual Report to its policyholder/owners. The report included an in-depth review of the company’s positive results for the past year. The new report, with a financial overview, is posted on this web site. A link to the report can be found on the home page, under Policyholder News.
