The Doctors Company Receives Credit Rating Upgrade
The insurer's financial strength rating increases to A+ following the consolidation of ProAssurance Corporation.
Updated on Oct. 27, 2026 in Healthcare
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AM Best has upgraded the credit ratings of The Doctors Company and its core subsidiaries following the recent acquisition of ProAssurance Corporation. As the second-largest writer in the U.S. medical professional liability market, the group is now rated A+ for financial strength.
Why it matters
The ratings upgrade reflects an improved business profile and enhanced scale for the insurer. While the acquisition of ProAssurance is expected to pressure underwriting performance in the near term, the firm maintains a strong level of risk-adjusted capitalization.
The Doctors Company, the second-largest U.S. medical professional liability insurer, received an upgrade to an A+ financial strength rating from A. This shift follows its June 2026 acquisition of ProAssurance Corporation, intended to bolster long-term earnings through greater scale.
The players
The Doctors Company
A Napa, California-based insurance provider serving as the second-largest writer in the medical professional liability segment.
AM Best
A global credit rating agency specializing in the insurance industry that monitors the financial stability of providers.
ProAssurance Corporation
A professional liability insurer that was acquired by The Doctors Company in June 2026.
The details
The upgrade follows an assessment of the company's favorable business profile and its diversified book of business. Despite the positive outlook, AM Best projects that the integration of the recently acquired ProAssurance Corporation will result in weaker underwriting performance in the near term. The firm aims to offset these pressures by leveraging its enhanced operational scale to generate sustainable earnings.
Timeline
June 2026: The Doctors Company closed its acquisition of ProAssurance Corporation.
October 27, 2026: AM Best officially upgraded the credit ratings.
Market Landscape
The acquisition of ProAssurance Corporation marks a significant consolidation move within the medical liability industry. This ratings action follows the integration of that deal, signaling that the insurer's expanded market position outweighs near-term underwriting risks.
Medical practices and healthcare facilities should monitor how these shifts in the liability market impact coverage stability and premium costs. Operators should consult with their insurance brokers to assess whether their specific carrier's financial profile remains aligned with long-term risk management needs.
The takeaway
The upgrade signals improved stability for the firm despite the integration risks following a major acquisition. Healthcare operators should keep the A+ financial strength rating in mind when performing their annual reviews of professional liability coverage and carrier risk profiles.
Further reading
For more on industry shifts, visit the Healthcare section.
Source note: This article includes information reported by Ambest.
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