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Since the founding of its predecessor company in the 1970’s, Princeton Insurance has brought remarkable stability to the New Jersey medical professional liability insurance marketplace.
Princeton enjoys far and away the longest continuous presence of any medical professional liability insurer in the state, in part because the company strives to always consider the long-term implications of corporate decisions. That has sometimes meant making hard decisions that may have been difficult to accept. Yet while other companies have entered then exited the market, and still others have gone out of business due to poor decision-making, market volatility, or both, Princeton Insurance has persevered.
Princeton’s recent history reveals a period of relative rate stability – base rates for physicians have not increased for two years – yet another reflection of the company’s long-term outlook and perseverance.
Perseverance begins with stability over time. But it doesn’t end there… <continue>
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