Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) due to a decline in earnings during 2021. Fair quality investment portfolio (4.8). Fair overall results on stability tests (3.4) based on a steep decline in capital during 2021. Potentially strong support from affiliation with American Dental Association (inc).
Other Rating Factors:
Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2017.
Principal Lines of Business:
--
Licensed in:
AK, CA, ID, OR, TX, WA
Principal Enrollment Breakdown:
--