Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2023. Average return on equity over the last five years has been poor at -6.5%. Fair capitalization index (4.2) based on weak current risk-adjusted capital (moderate loss scenario) as results have slipped from the good range over the last year. Weak overall results on stability tests (2.5) based on a steep decline in capital during 2023, poor risk diversification due to the company's size.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
45 River Park Place
Fresno, CA 93720
Fresno, CA 93720
Phone Number
(559) 724-4995
NAIC Number
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Largest Affiliates
No affiliate information available.