Articles from Mutual Insurance Company of Arizona
PHOENIX, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Mutual Insurance Company of Arizona® (MICA), a leading regional policyholder-owned and physician-directed medical professional liability insurer, announced today the promotion of Susan Orris to Vice President of Underwriting and the appointment of Katherine Woslager as Vice President of Marketing and Corporate Communications, as the Company prepares to mark its 50th anniversary in 2026.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · December 17, 2025
PHOENIX, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Mutual Insurance Company of Arizona (MICA) announced today that AM Best has affirmed the company's Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of a+ (Excellent). The outlook for both ratings is stable. MICA Risk Retention Group Inc. also received a Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of a+ (Excellent), both with a stable outlook.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · September 10, 2025

$95 Million Returned to Policyholders in the Last 5 Years
By Mutual Insurance Company of Arizona · Via GlobeNewswire · January 2, 2025

PHOENIX, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Mutual Insurance Company of Arizona® (MICA) is pleased to announce that AM Best has reaffirmed its Financial Strength Rating (FSR) of A (Excellent) and Issuer Credit Rating (ICR) of a+ (Excellent), both with a stable outlook. Additionally, MICA Risk Retention Group Inc. received similar ratings of A (Excellent) and a+ (Excellent) with a stable outlook.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · September 17, 2024

PHOENIX, Jan. 05, 2024 (GLOBE NEWSWIRE) -- The Mutual Insurance Company of Arizona® (MICA) announced today that its Board of Trustees has declared a dividend to its policyholders. A total of $15 million will be allocated among current members as of December 31, 2023, the record date. This dividend will be distributed in February 2024.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · January 5, 2024

PHOENIX, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Today, Mutual Insurance Company of Arizona® (MICA) announced that AM Best has affirmed its Financial Strength Rating (FSR) of A (Excellent) and its Issuer Credit Rating (ICR) of a+ (Excellent) both with a stable outlook. MICA Risk Retention Group, Inc. also received a rating of A (Excellent), a+ (Excellent) with a stable outlook.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · September 6, 2023

PHOENIX, Jan. 04, 2023 (GLOBE NEWSWIRE) -- The Mutual Insurance Company of Arizona® (MICA) announced today that its Board of Trustees has declared a policyholder dividend of $15 million to be allocated among current members as of December 31, 2022, the record date. The dividend will be distributed in February 2023.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · January 4, 2023

PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Today Mutual Insurance Company of Arizona® (MICA) announced the following leadership changes in anticipation of retirements at key positions.
By Mutual Insurance Company of Arizona · Via GlobeNewswire · January 3, 2023