BNET Industries
Last Fiscal Year Sales:$164.9M
- Private
- US
Dow Jones Description
ProMutual Group is made up of two companies. Medical Professional Mutual Insurance Company (ProMutual) is a mutual insurance company that operates only in the Commonwealth of Massachusetts. ProSelect Insurance Company is a wholly owned subsidiary of ProMutual and operates in all New England states and New Jersey. ProMutual Group is represented by professional, independent insurance agents who are knowledgeable about professional medical malpractice insurance. In addition, in Massachusetts only, you may apply directly to the company for coverage, click here to find out more.
Number of Employees 160
Peer Companies
NAICS Code Offices of Lawyers: 541110
Recent Events
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ProMutual Completes Acquisition of FinCor Holdings, Inc.
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Hanson Named Chief Operating Officer at ProMutual in Boston
News & Analysis
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promutual group - All News and Analysis
ProMutual Group's New Apology Program Helps Physicians and Hospitals React After Adverse Outcomes
- 2009-01-20
A new program from Medical Professional Mutual Insurance Company and its subsidiaries ("ProMutual Group"), a leading provider of medical liability insurance in the Northeast, was recently instituted in a pilot phase to address the needs of physicians, hospitals and their patients following certain adverse medical outcomes. Called REACTSM for Respond...
ProMutual Group Announces Significant Rate Decreases for State's Physicians
- 2008-12-10
New Jersey physicians and hospitals will see a drop in medical liability insurance rates from ProSelect Insurance Company ("ProSelect"), a member of ProMutual Group. Physicians and surgeons will receive an 11 percent decrease while healthcare facilities, including hospitals and clinics, will receive a 7.5 percent decrease. The company's decision will...
ProMutual Group Announces Dividend for Massachusetts Dentists
- 2008-11-26
Medical Professional Mutual Insurance Company ("ProMutual"), the parent company of ProMutual Group, recently announced a dividend for qualified Massachusetts dentists. This year's dividend is the fifth consecutive year the company has issued a dividend to dentists. "We are pleased to once again offer Massachusetts dental policyholders a dividend," said...
A.M. Best Reaffirms ProMutual Group's A- (Excellent) Rating
- 2008-11-25
One of the leading medical liability insurance companies in the Northeast, ProMutual Group, recently received its thirteenth consecutive A- Excellent rating from A.M. Best Company. The nation's most recognized insurance rating organization based its independent opinion on the company's financial history, overall capitalization, underwriting practices and conservative reserving practices. ...
ProMutual Group Names New VP of Risk Management
- 2008-09-11
ProMutual Group, a leading provider of medical liability insurance in the Northeast, is pleased to announce that Anne Huben-Kearney, RN, CPHRM, CPHQ, will assume the position of vice president of risk management. Ms. Huben-Kearney has been with the company for six years in the role of manager in the risk...
ProMutual Group Offers Protection for Physicians Affected by MIIX Insolvency
- 2008-07-23
A Prior Acts Excess Coverage PAEC product designed for healthcare providers affected by MIIX Insurance Company's insolvency is now available through ProSelect Insurance Company, a member of ProMutual Group. Although former MIIX policyholders may receive assistance from the New Jersey Property Liability Insurance Guarantee Association PLIGA, they may still lack...
Physicians to See Rate Decrease in Medical Malpractice Insurance
- 2008-07-21
ProMutual Group recently announced a rate reduction for individual physicians and surgeons in the state of Pennsylvania. All Individual Professional Liability IPL policyholders will receive a 6 percent decrease in their base rate. Rate changes became effective July 1, 2008, for both new and renewal policies. "We are pleased...
ProMutual Group Announces Changes in Board of Directors
- 2007-10-30
New Board Officers Remain Committed to Healthcare Community and Financial Stability BOSTON -- A leading provider of medical liability insurance in the Northeast has assigned new roles to three members of its Board of Directors. ProMutual Group is pleased to announce that Kenneth A. Heisler, M.D., F.A.C.S., Brenda E....
ProMutual Group Collaborates with Emmi™ Solutions to Help Physicians Reduce Risk, Increase Patient Safety
- 2007-05-17
Innovative web-based communication system strengthens physician-patient relationships BOSTON -- As part of its ongoing commitment to patient safety, ProMutual Group, a leading provider of medical liability insurance in the Northeast, is pleased to announce that on behalf of its insured physicians, it has negotiated a discount on annual subscriptions...
ProMutual Group Executives to Present at 2007 Crittenden Conference
- 2007-04-11
BOSTON -- Two ProMutual Group executives will be guest speakers at the 2007 Annual Crittenden Medical Insurance Conference on Thursday, April 19, 2007. The conference will be held at the Omni Parker House in Boston, Massachusetts, and will feature several sessions on issues surrounding medical liability insurance. Both Richard W....
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