NAPA – October 29, 2026 -- AM Best has raised The Doctors Company's financial strength rating (FSR) to A+ (Superior) from A (Excellent), and its long-term issuer credit rating (ICR) to "aa-" (Superior) from "a+" (Excellent), with a stable outlook.
AM Best affirms A+ ratings across six TDC Group entities
The agency affirmed the A+ FSR, "aa-" ICR and stable outlook for The Doctors Company, an Interinsurance Exchange, and these subsidiaries of The Doctors Company Insurance Group (TDC Group):
- TDC National Assurance Company
- TDC Specialty Insurance Company
- TDC Special Risks Insurance Company
- The Doctors Company Risk Retention Group, a Reciprocal Exchange
- Hospitals Insurance Company, Inc.
Balance sheet rated strongest, operating performance adequate
AM Best assesses the group's balance sheet strength as strongest. It rates operating performance as adequate, business profile as favorable and enterprise risk management as appropriate.
ProAssurance acquisition expands scale and diversification
AM Best said the acquisition of ProAssurance Corporation (PRA) strengthened The Doctors Company's market position. The agency cited the expanded scale and diversified portfolio, alongside continued financial strength and stability.
Chief Financial Officer Marco Vanderlaan said the deal lets the company support "even more healthcare professionals."
TDC Group reports direct written premium above $2.5 billion and $12 billion in assets. It serves more than 200,000 healthcare professionals and organizations.
Acquired PRA subsidiaries keep A rating
The FSR of the AM Best-rated PRA subsidiaries acquired in the transaction is unchanged at A (Excellent), with a stable outlook.