Major Rating Factors:
Weak profitability (1.6 on a scale of 0 to 10) with operating losses during 2022. Weak Liquidity (0.0) as a spike in claims may stretch capacity. Weak overall results on stability tests (1.0) including negative cash flow from operations for 2022.
Other Rating Factors:
Fair capitalization (4.8) based on fair risk adjusted capital (moderate loss scenario). Fair quality investment portfolio (3.6).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, FL, GA, IL, IN, KS, KY, LA, MI, MO, OH, PA, SC, TN, TX, VA, WI
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
191 PEACHTREE ST STE 2500
ATLANTA, GA 30303
ATLANTA, GA 30303
Phone Number
(888) 407-3209
NAIC Number
61093
Website
Largest Affiliates
No affiliate information available.