Major Rating Factors:
Good long-term capitalization index (5.6 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Fair profitability index (4.9) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 2.8% over the past five years. Fair overall results on stability tests (4.9) including.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (70.5%), other (29.5%)
Licensed in:
CA, NV
Principal Investments:
Investment grade bonds (78.5%), cash (7.5%), common stock (3.6%), real estate (2.3%), other (8.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2521 Warren Drive
Rocklin, CA 95677
Rocklin, CA 95677
Phone Number
(916) 625-5602
NAIC Number
10520
Website
Largest Affiliates
No affiliate information available.