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Medical Protective Remains the Strongest Med Mal Carrier in the Nation; S&P Renews Medical Protective's ``AAA'' Rating

Posted on: Thursday, 6 April 2006, 09:01 CDT

Standard & Poor's Rating Services (S&P) verified Medical Protective's "AAA" (Extremely Strong) rating last week and continues to believe in Medical Protective's financial strength and stability in the medical liability insurance marketplace.

"We are proud to offer healthcare providers the best financial strength and stability available in the country," said Timothy Kenesey, President and Chief Executive Officer of Medical Protective. "For over a century - while so many other carriers have come and gone - Medical Protective has been protecting the reputations and assets of healthcare providers with the nation's best defense and solutions. We appreciate S&P's ongoing recognition of our unmatched strength, and remain committed to giving healthcare providers across the country a rock-solid foundation of stability in what has been a volatile medical malpractice segment."

About Medical Protective

With more than $700 million in annual premium, Medical Protective is a national leader in primary medical professional liability coverage and risk solutions to physicians, dentists, allied healthcare providers, healthcare facilities, and professional corporations. As the nation's first provider of medical professional liability insurance, Medical Protective has been protecting the assets and reputations of doctors and other providers of healthcare for since 1899. Its offerings include professional liability insurance on both claims-made and occurrence forms across the healthcare spectrum, risk management consulting and education, premium finance solutions and - through affiliates and partners - additional financial products and services for its healthcare providers. Medical professional liability insurance products are underwritten by The Medical Protective Company, rated AAA (Extremely Strong) by Standard & Poor's and A+ (Superior) by A.M. Best, and are distributed through a nationwide network of employee market managers and appointed agents. Medical Protective is a member of the Berkshire Hathaway group of businesses. More information about Medical Protective is available at www.medpro.com.

Source: Business Wire

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