AMERICAN PROGRESSIVE L&H I C OF NY
Major Rating Factors:
Fair overall capitalization (4.0 on a scale of 0 to 10) based on mixed results -- excessive policy leverage mitigated by fair risk adjusted capital (moderate loss scenario). Fair overall results on stability tests (3.1) including excessive premium growth and fair risk adjusted capital in prior years. Good overall profitability (5.3). Excellent expense controls.
Other Rating Factors:
Weak Liquidity (1.1). High quality investment portfolio (7.4).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, AZ, CA, FL, ID, IA, KS, KY, MI, MS, MT, NE, NV, NM, ND, SD, TN, UT, WA, WI, WY, PR
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
WellCare Health Plans Inc
Investment Rating
--
Company Address
44 South Broadway Suite 1200
Long Island City, NY 11101
Long Island City, NY 11101
Phone Number
(314) 725-4477
NAIC Number
80624
Website
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Largest Affiliates