Major Rating Factors:
Weak profitability index (2.6 on a scale of 0 to 10) with operating losses during 2022. Weak overall results on stability tests (2.8) in spite of healthy premium and capital growth during 2023. Fair capitalization (3.9) based on fair current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2022.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NJ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1000 Primera Boulevard
Lake Mary, FL 32746
Lake Mary, FL 32746
Phone Number
(850) 322-8159
NAIC Number
17319
Largest Affiliates
No affiliate information available.