Question
What is a PDF and how do I download it?
Answer
A PDF is a portable document format. Printed material, such as applications and forms, is immediately available with the click of your mouse. For instructions on downloading PDFs, click here.
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Question
Is Princeton rated by AM Best?
Answer
No. As a result the MLMIC Group's request that they no longer be rated, Princeton also ceased to be rated by Best in August of 2004. At the time that the rating was removed, Princeton was rated B-.
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Question
Without a Best rating, how can policyholders know how Princeton is doing going forward?
Answer
a. The company remains subject to all regulatory oversight by the New Jersey Department of Banking and Insurance.
b. The company continues to file quarterly financial statements with state regulators, which are available to the public.
c. Princeton provides frequent communication to policyholders and agents regarding financial operating results.
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Question
Is Princeton a publicly traded company?
Answer
No. Princeton is organized as a stock company, but all outstanding stock is owned by the MLMIC Group.
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Question
Who is the MLMIC Group?
Answer
The Medical Liability Mutual Insurance Company (MLMIC) is a New York-based mutual formed by doctors in the mid 1970s for the sole purpose of providing professional liability coverage for the medical community. The MLMIC Group is one of the largest writers of medical professional liability in the United States.
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Question
What types of insurance does Princeton write?
Answer
Princeton writes medical professional liability coverage for physicians, surgeons, dentists, chiropractors, psychologists, and many other medical professionals. Princeton writes policies in New Jersey only.
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Question
How can I get a quote from Princeton?
Answer
Princeton sells policies through our network of independent agents. To find an agent near you, simply utilize our Agent Locator on the home page or under the Products section of this site. You may also contact Princeton's Marketing Department at 609-452-9404 or e-mail the Corporate Communications Department.
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Question
How do I order a claims history or a loss run from Princeton?
Answer
Step by step instructions are available here.
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