Major Rating Factors:
Good overall profitability index (6.4 on a scale of 0 to 10) despite operating losses during 2022. Good overall results on stability tests (5.2) despite. Stability strengths include good operational trends and good risk diversification. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.9) that helps to protect the company against sharp claims increases. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
AZ
Principal Investments:
Investment grade bonds (60.3%), common stock (37.4%), cash (1.7%), other (0.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
10 Cadillac Drive
Brentwood, TN 37027
Brentwood, TN 37027
Phone Number
(802) 349-4497
NAIC Number
10232
Website
Largest Affiliates
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