- March 2, 2011
Boston, MA – ProMutual Group today announced it will decrease rates for dentists in Massachusetts for 2011 by 10 percent. This decision was reached after a careful analysis by the company revealed lower than anticipated losses, both in frequency and severity. The rate decrease will impact policies effective on or after March 1, 2011, and will affect over 1,000 dentists and dental partnerships and corporations in Massachusetts.
“We are grateful to our dental policyholders for their continued dedication to practicing superior dental care,” said Gregg L. Hanson, chief operating officer for ProMutual Group. “We believe this high level of patient care is what led to a decrease in the severity and frequency of dental claims in Massachusetts. We are committed to providing the best coverage and protection for our policyholders and are pleased to offer our Massachusetts dental insureds a decrease in their premiums this year.”
For more than 30 years, ProMutual Group and its predecessors have been a dedicated provider of dental professional liability insurance with unquestioned financial strength. ProMutual Group is one of the leading providers of dental professional liability insurance and offers numerous resources and benefits to help support policyholders. These benefits include risk management programs, a defense philosophy that focuses on aggressively defending insureds, a confidential emotional support program for dental professionals facing the stress of a claim or suit and a Board of Directors composed of a majority of practicing or retired healthcare providers.
For more information about ProMutual Group’s products and services, visit the company’s website at www.promutualgroup.com. You may also contact Katharine Gould to speak with a company representative at firstname.lastname@example.org or (617) 946-8665.
About ProMutual Group
ProMutual Group is one of the top 10 medical professional liability insurance providers in the country based on direct written premium. ProMutual Group member companies insure more than 22,000 physicians, surgeons, and dentists as well as nearly 500 hospitals, health centers and clinics in 21 states from coast to coast. ProMutual Group has net admitted assets in excess of $2.6 billion as of Dec. 31, 2009. ProMutual Group member companies Medical Professional Mutual Insurance Company, ProSelect Insurance Company and MHA Insurance Company have a Best’s Rating of A- (Excellent) and Washington Casualty Company has a Best’s Rating of B+ (Good). ProMutual Group is acknowledged as a leader in providing risk management and claim services to the healthcare community, and it offers risk management consultations and educational activities at cost to healthcare providers across the country. For more information, visit ProMutual Group’s website at www.promutualgroup.com.