Demotech Affirms the Financial Stability Rating^® Assigned to Allied Professionals Insurance Company, RRG

Columbus, Ohio, September 27, 2024: The Financial Stability Rating^® (FSR) of A’ (A Prime), Unsurpassed, assigned to Allied Professionals Insurance Company, RRG has been affirmed by 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).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Allied Professionals Insurance Company, RRG

Allied Professionals Ins. Co. RRG (APIC) provides professional and general liability coverage for its member Risk Purchasing Groups, which specialize in various allied healthcare professions including, but not limited to, acupuncture, chiropractic, massage, and other related professionals.  APIC’s three member Risk Purchasing Groups, the American Acupuncture Council, the National Chiropractic Council and the American Massage Council, have been arranging coverage for alternative healthcare professionals since 1986, and formed APIC in 2003 in an effort to provide a stable, reliable market for their respective alternative healthcare niches.  Today, with over 140,000 insured members in all fifty states, APIC provides coverage to more alternative healthcare professionals than any other program in the Country.

About Demotech, Inc.

Established in 1985, Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Demotech has served the insurance industry by providing objective and independent Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies, Life & Health insurance companies, and Title underwriters, among others. As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac, and HUD, Demotech has been leveling the playing field by offering FSRs to insurers of all sizes. As of July 11, 2022, Demotech is registered with the U.S. Securities and Exchange Commission (SEC) as a nationally recognized statistical rating organization (NRSRO) in the class of ratings for insurance companies. Visit www.demotech.com for additional information.

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