Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall profitability index (5.1). Excellent expense controls. Good overall results on stability tests (6.6) despite excessive premium growth. Other stability subfactors include potentially strong support from affiliation with American Financial Group Inc, good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, DC, DE, FL, GA, IL, IN, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA
Principal Investments:
Investment grade bonds (46.8%), other (53.2%)
Corporate Info
Group Affiliation
American Financial Group Inc
Investment Rating
Company Address
117 North Massachusetts Avenue
Lakeland, FL 33801
Lakeland, FL 33801
Phone Number
(863) 665-6060
NAIC Number
10335
Website
Largest Affiliates