Arkansas Mutual Insurance Company
LITTLE ROCK, Ark., Feb. 11, 2013 (SEND2PRESS NEWSWIRE) — Arkansas Mutual Insurance Company, a medical malpractice insurance carrier for Arkansas physicians, recently donated $15,000 to the Impaired Physician Program administered by the Arkansas Medical Foundation. This is the third annual donation by Arkansas Mutual Insurance Company to this critical support program for physicians in the State of Arkansas.
“We are pleased once again to be able to provide financial support to the Arkansas Medical Foundation to assist them in continuing this vital public service. Our mission as a company is to support Arkansas physicians by protecting their practice and this effort is an extension of our dedication to Arkansas physicians,” said Corey Little, President and CEO of Arkansas Mutual Insurance company. “This is the third year that we have donated to the fund and we see this donation as a critical piece of our corporate responsibility to the medical community.”
The Arkansas Medical Foundation was formed in 1983 to provide confidential treatment and follow-up monitoring for physicians struggling with impairment, and to promote public health and safety by insuring the continued availability of skilled and highly trained medical professionals for the benefit of the public.
“The Arkansas Medical Foundation is appreciative of Arkansas Mutual Insurance Company for its thoughtful and generous contribution to the cause of the Foundation to maintain the health and safety of all healthcare providers. With this program a cascade of events occurs that benefits all of Arkansas. The beneficiaries are often the providers, the families, the hospitals, the insurers, and most importantly the public. With the help of our supporters like Arkansas Mutual, these positive events will continue,” said Dr. Larry Lawson, Executive Director of the Arkansas Medical Foundation.
Arkansas Mutual Insurance Company provides stable, long-term professional liability insurance to enhance the strength of the medical community. Arkansas Mutual Insurance Company is the only physician-owned medical malpractice insurance company based in Arkansas serving only Arkansas doctors.
For more information, visit: http://www.arkansasmutual.com/ .
- PHOTO Caption: Corey Little, CEO Arkansas Mutual Insurance Company presents check to Dr. Larry Lawson, Executive Director of the Arkansas Medical Foundation.
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LITTLE ROCK, Ark., April 27, 2012 (SEND2PRESS NEWSWIRE) — Arkansas Mutual Insurance Company has earned a Financial Stability Rates® (FSR) of A, Exceptional from Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).
“We are extremely proud to have earned our ‘A, Exceptional’ rating from Demotech.” says Corey Little, Chief Executive Officer of Arkansas Mutual. “After five years in business, this designation confirms the financial integrity and stability that is so critical to our business and to our policyholders.”
About Arkansas Mutual Insurance Company:
Arkansas Mutual Insurance Company, a not-for-profit organization, is the only medical liability insurance provider that is headquartered in Arkansas and dedicated to serving only Arkansas-based medical professionals. Founded in 2008, Arkansas Mutual is owned and governed by its physician policyholders. Visit www.arkansasmutual.com for more information.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings® (FSRs). FSRs are a leading indicator of the financial stability of a company.
News Source: Arkansas Mutual Insurance Company :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .