{"id":9753,"date":"2026-05-21T21:34:00","date_gmt":"2026-05-21T19:34:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=6a91bfe1cb6661fab1bf02ed57451eaa"},"modified":"2026-05-21T21:34:00","modified_gmt":"2026-05-21T19:34:00","slug":"am-best-upgrades-credit-ratings-for-members-of-healthcare-providers-insurance-group","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=9753","title":{"rendered":"AM Best Upgrades Credit Ratings for Members of Healthcare Providers Insurance Group"},"content":{"rendered":"<p>OLDWICK, N.J.--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/insurance?src=hash\" >#insurance<\/a>--<b>AM Best <\/b>has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Healthcare Providers Insurance Company and its reinsured affiliate, HPIC Risk Retention Group. Both companies are domiciled in Charleston, SC, and are members of Healthcare Providers Insurance Group (HPIC). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260521176919\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260521176919\/en\/828829\/22\/AM_Best_Logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260521176919\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260521176919\/en\/828829\/21\/AM_Best_Logo.jpg\" \/><\/a><p>\nThe ratings reflect HPIC\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.<\/p><p>\nThe rating upgrades reflect HPIC\u2019s improved balance sheet strength fundamentals, driven by a stable investment portfolio that is driving consistent returns and consistently favorable reserve development. HPIC\u2019s balance sheet strength is supported by the strongest level of risk-adjusted capitalization, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). HPIC has generated solid surplus growth despite significant capital returns to members.<\/p><p>\nThe stable outlooks reflect AM Best's expectation that the group will maintain its balance sheet assessment in the very strong range over the intermediate term with strong operating results contributing to surplus growth.<\/p><p>\n<b>This press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fratings.ambest.com%2Fratingeventdisclosures.aspx&amp;esheet=54540285&amp;newsitemid=20260521176919&amp;lan=en-US&amp;anchor=Recent+Rating+Activity&amp;index=1&amp;md5=a76e743a82b05e512dffde8b89fae206\" rel=\"nofollow\" shape=\"rect\"><b>Recent Rating Activity<\/b><\/a><b> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww3.ambest.com%2Fambv%2Fratingmethodology%2FOpenPDF.aspx%3Fri%3D1901&amp;esheet=54540285&amp;newsitemid=20260521176919&amp;lan=en-US&amp;anchor=Guide+to+Best%27s+Credit+Ratings&amp;index=2&amp;md5=5204cd0b578ba2d07af08f706df774bf\" rel=\"nofollow\" shape=\"rect\"><b>Guide to Best's Credit Ratings<\/b><\/a><b>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ambest.com%2Fratings%2Fguidetouse.pdf&amp;esheet=54540285&amp;newsitemid=20260521176919&amp;lan=en-US&amp;anchor=Guide+to+Proper+Use+of+Best%26%238217%3Bs+Ratings+%26amp%3B+Assessments&amp;index=3&amp;md5=e86127ea9b5ecf8bba13e65f4f045f95\" rel=\"nofollow\" shape=\"rect\"><b>Guide to Proper Use of Best\u2019s Ratings &amp; Assessments<\/b><\/a><b>.<\/b><\/p><p>\n<b>AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambest.com%2F&amp;esheet=54540285&amp;newsitemid=20260521176919&amp;lan=en-US&amp;anchor=www.ambest.com&amp;index=4&amp;md5=88dc28cba33be1d4dc450b2df5e19260\" rel=\"nofollow\" shape=\"rect\"><b>www.ambest.com<\/b><\/a><b>.<\/b><\/p><p class=\"bwalignc\">\n<b>Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Steven DeLosa<\/b><br\/><b>Senior Financial Analyst<\/b><br\/><b>+1 908 882 2114<\/b><br\/><a  href=\"mailto:steven.delosa@ambest.com\" rel=\"nofollow\" shape=\"rect\">steven.delosa@ambest.com<\/a><\/p><p>\n<b>Vicky Riggs<\/b><br\/><b>Associate Director<\/b><br\/><b>+1 908 882 2273<\/b><br\/><a  href=\"mailto:vicky.riggs@ambest.com\" rel=\"nofollow\" shape=\"rect\">vicky.riggs@ambest.com<\/a><\/p><p>\n<b>Christopher Sharkey<\/b><br\/><b>Associate Director, Public Relations<\/b><br\/><b>+1 908 882 2310<\/b><br\/><a  href=\"mailto:christopher.sharkey@ambest.com\" rel=\"nofollow\" shape=\"rect\">christopher.sharkey@ambest.com<\/a><\/p><p>\n<b>Al Slavin<\/b><br\/><b>Senior Public Relations Specialist<\/b><br\/><b>+1 908 882 2318<\/b><br\/><a  href=\"mailto:al.slavin@ambest.com\" rel=\"nofollow\" shape=\"rect\">al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>OLDWICK, N.J.&#8211;(BUSINESS WIRE)&#8211;#insurance&#8211;AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to \u201ca\u201d (Excellent) from \u201ca-\u201d (Excellent) of Healthcare Providers Insurance Compan&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9753","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9753"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9753\/revisions"}],"predecessor-version":[{"id":9754,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9753\/revisions\/9754"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}