Am. Phys. Cap. Gets A- Rating Affirmed by Best

American Physicians Capital, Inc. (APCapital) (Nasdaq: ACAP) announced yesterday that its A- "Excellent" rating has been reaffirmed by A.M. Best Company, the insurance rating organization. This rating applies to the APCapital group and its insurance subsidiaries, American Physicians Assurance Corporation, Insurance Corporation of America and APSpecialty Corporation. Best also reported the rating outlook for the group is "stable." President and Chief Executive Officer William B. Cheeseman said the company's excellent capitalization, conservative loss reserve position, good risk diversificatio...