Major Rating Factors:
Fair long-term capitalization index (4.4 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Fair profitability index (3.2) with operating losses during 2025. Fair overall results on stability tests (3.1) including weak results on operational trends and fair risk adjusted capital in prior years.
Other Rating Factors:
Ample reserve history (9.1) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (0.2%), other (99.8%)
Licensed in:
AL, IL, LA, MO, MS, TN, TX
Principal Investments:
Investment grade bonds (62.1%), cash (13.9%), common stock (6.9%), other (17.1%)
Corporate Info
Group Affiliation
Prospect Capital Management LP
Investment Rating
--
Company Address
420 Liberty Park Court
Flowood, MS 39232
Flowood, MS 39232
Phone Number
(601) 992-6886
NAIC Number
10170
Website
--
Largest Affiliates