American Physicians Capital, Inc. (APCapital) is an insurance holding company that writes primarily medical professional liability and workers compensation insurance through its subsidiaries American Physicians Assurance Corporation, Insurance Corporation of America and APSpecialty Insurance Corporation. It also provides, on a limited basis, health coverage. APCapital also owns several financial services companies. The Company is organized and operates principally in the property and casualty insurance industry. It has five reportable segments: medical professional liability, workers compensation, health, personal and commercial and corporate and other.