A.M. Best Affirms A- (Excellent) Rating for Majestic Co.

June 4, 2003

A.M. Best Company, has re-affirmed the A- (Excellent) rating for Majestic Insurance Company, a San Francisco-based workers’ compensation insurance carrier. Best also increased the Financial Size Category to VI.

“We are pleased that A.M. Best Company has again recognized our exceptional performance in the volatile workers’ compensation marketplace. Our success is the result of the efforts of our dedicated employees who are committed to superior performance in Claims Administration and Risk Management and to the professional insurance brokers who represent us,” president John Sullivan said.

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