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Ticker:ACAP
Company Name: American Physicians Capital, Inc.

Business Overview from 10-K filing for American Physicians Capital, Inc.:

American Physicians Capital, Inc., or APCapital, is an insurance holding company that writes primarily medical professional liability insurance through its subsidiary American Physicians Assurance Corporation, or American Physicians. Starting in late 2002, and continuing throughout 2003 and 2004, we made several changes to our business. In our medical professional liability line of business, we began exiting the Florida market in December 2002, are in the process of exiting the Nevada market, and have discontinued the issuance of occurrence-based policies in Ohio and Kentucky. Late in 2003, we made the decision to exit the health and workers’ compensation insurance lines, and to de-emphasize our excess and surplus lines. Exit activities related to health and workers’ compensation insurance will continue into 2005, and potentially beyond. Our workers’ compensation insurance is written primarily by Insurance Corporation of America, which is wholly owned by APCapital.     

View the full ACAP chart at Wikinvest

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