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 profitability index (4.9). Excellent expense controls. Good overall results on stability tests (6.5) despite excessive premium growth. Stability strengths include 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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
All states except NY
Principal Investments:
Investment grade bonds (94.0%), other (6.0%)
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
1615 Murray Canyon Road
San Diego, CA 92108
San Diego, CA 92108
Phone Number
(866) 472-9602
NAIC Number
10900
Website
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