The Cooperative of American Physicians, Inc. (CAP) announced that AM Best has reaffirmed its A+ (Superior) rating for the Mutual Protection Trust (MPT).
A.M. Best has reaffirmed CAP's 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.
MPT’s outlook was reaffirmed as stable and its strong financial flexibility, capital strength, and sound invested asset base were highlighted as part of the rating.