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MagMutual has kept 95 percent of claims brought against its insured physicians and hospitals from going to trial. Of those that did end up in court, it has won 80 percent of cases.<\/p>\n
With a heap of options at your disposal, you may be wondering: What\u2019s the easiest way to find malpractice insurance<\/a>?<\/p>\n Two words: comparison shopping<\/strong>. But even then, you still have to:<\/p>\n That\u2019s why at LeverageRx, we help you compare quotes from the best medical malpractice insurance companies all in one place. Because you don\u2019t want just any old policy. You need strong, cost-effective coverage.<\/p>\n In this week\u2019s malpractice insurance company review, we break down what you need to know about the MAG Mutual Insurance Company \u2014 regardless of your career stage or medical specialty. MAG Mutual Insurance Company (MagMutual for short) provides medical professional liability insurance to physicians and hospitals in:<\/p>\n MagMutual is based in Atlanta, Georgia, and has offices throughout the southeastern region of the U.S. The company currently provides coverage to more than 22,000 physicians and other health care professionals.<\/p>\n As a mutual insurance company, it is owned by its policyholders. The physician-founded company has reported upwards of $175 million in paid dividends since it was founded in 1982.<\/p>\n Check your specialty-specific malpractice insurance rates!<\/strong><\/a><\/p>\n<\/blockquote>\n In August 2018, A.M. Best upgraded the company\u2019s long-term issuer credit rating from \u201cA\u201d to \u201cA+\u201d. The renowned credit rating agency also took the opportunity to affirm MagMutual\u2019s financial strength rating of A (Excellent).<\/p>\n A.M. Best states that the ratings increase reflects MagMutual\u2019s balance sheet strength, which A.M. Best categorizes as strongest. It also cited the company\u2019s:<\/p>\n According to MagMutual\u2019s 2017 annual report, the company paid nearly $32 million in dividends \u2014 nearly double the amount it paid out in 2013.<\/p>\n Furthermore, MagMutual reported:<\/p>\n\n
\u00a0<\/p>\nAbout MagMutual<\/h2>\n
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\u00a0<\/p>\nMagMutual financials<\/h2>\n
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