Major Rating Factors: Fair overall results on stability tests (3.8 on a scale of 0 to 10) including fair risk adjusted capital in prior years. Fair liquidity (3.4) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims. Poor current capitalization (2.5) based on weak risk adjusted capital (moderate loss scenario), although results have slipped from the good range during the last year.
Other Rating Factors: Low quality investment portfolio (0.4). Excellent profitability (8.0) with operating gains in each of the last five years.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. C - Past results on our Risk-Adjusted Capital tests. D - Limited diversification of general business, policy, and/or investment risk. I - Past results on our Investment Safety Index. L - Past results on our liquidity tests.
Principal Lines of Business: Ind health (100.0%)
Licensed in: AZ, GA, OK, TX, UT