Physicians Insurance A Mutual Company is the largest provider of medical professional liability insurance in Washington, and covers more than 6,900 physicians, clinics, and hospitals throughout the northwest. As the only northwest-based mutual company founded and directed by its members, Physicians Insurance enables members to keep their premiums local versus paying an out-of-state parent company or stockholder.
Founded in 1981, Physicians Insurance is rated A- (Excellent) by A.M. Best Company and has distributed more than $65 million in dividends since its inception. WSMA members also have discounts available, and all members have access to the company’s ACCOLADES program, which offers 5-20% premium reductions for favorable loss experience. As a member-directed company, we work hard to help to keep your costs as low as possible.
Headquartered in Seattle, and with regional offices in Spokane, Washington, and Portland, Oregon the company provides locally-based and on-site risk management consulting and continuing medical education, as well as industry-leading litigation support to members, medical and provider excess stop-loss coverage, and claims administration services.