Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 188.0 million in losses in the last five years. Weak capitalization index (1.3) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.6) based on rapid premium growth over the last five years, excessive capital growth during 2021.
Other Rating Factors: Weak liquidity (0.0) as a spike in claims may stretch capacity.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --