San Francisco-based Majestic Insurance Co., a California-based workers’ compensation carrier, has been assigned a rating of “A-” and a financial size category of “V” by A.M. Best.
The rating reflects Majestic’s stable operating results and expertise, according to A.M. Best. The company continues to generate a favorable total return on surplus, driven by strong investment income, including capital gains.
Majestic specializes in state and USL&H Act workers’ comp coverage.
Was this article valuable?
Here are more articles you may enjoy.
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers From This Issue
