Major Rating Factors:
Good capitalization index (6.6 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Good quality investment portfolio (6.0) containing junk bond exposure equal to 60.0% of capital. Good overall results on stability tests (5.7) despite fair risk diversification due to the company's size, a decline in the number of member physicians during 2023.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.2)
Principal Lines of Business:
--
Licensed in:
(No states)
Principal Enrollment Breakdown:
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
289 LaClair Street
Coos Bay, OR 97420
Coos Bay, OR 97420
Phone Number
(541) 269-7400
NAIC Number
16655
Website
Largest Affiliates
No affiliate information available.