MICA Maintains A Rating from AM Best on 50th Anniversary

PHOENIX, Sept. 22, 2026 /CourierPR/ -- Mutual Insurance Company of Arizona (MICA) has maintained its A (Excellent) Financial Strength Rating from AM Best, affirming the company's strong financial standing as it celebrates its 50th anniversary. This recognition comes as MICA continues to serve as a leading regional, member-owned, and physician-directed medical professional liability insurer in the region.

MICA, founded in 1976, has built its success around medical professional liability, earning the trust of physicians and medical practices through deep expertise, exceptional service, and financial strength.

The company's financial strength is reflected in its risk-adjusted capitalization, which AM Best has identified as the strongest level. MICA has also maintained a long-standing practice of sharing its success with policyholders through dividends. For more than 20 consecutive years, MICA has paid policyholder dividends, returning over $760 million to policyholders since its founding.

MICA's strong operating results have consistently outperformed both the medical professional liability composite and the overall property/casualty insurance industry. The company has paid policyholder dividends for more than 20 consecutive years, returning over $760 million to policyholders since its founding. The report also highlights MICA's significant market knowledge and expertise, its position as the leading medical professional liability insurer in Arizona and a top writer in Utah, and its strong customer retention.

MICA's rating also reflects the company's ability to identify new market opportunities that support sustainable growth and its disciplined approach to assessing and managing risk. The company has served physicians, advanced health care professionals, and medical practices across Arizona, Colorado, Montana, Nevada, Utah, and Wyoming. Through MICA Risk Retention Group, coverage is also available to physicians and practices outside the region.

Since 1976, MICA has been recognized for its financial strength, responsive claim management, risk management expertise, and its commitment to members. The company continues to prioritize the needs of its policyholders and the medical community, ensuring that it remains a trusted and reliable partner in the practice of medicine.