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 results on stability tests (6.1) 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. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Weak profitability index (2.5).
Stability Factors:
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 (54.3%), non investment grade bonds (0.4%), other (45.2%)
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
10701
Website
Largest Affiliates