Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10) despite negative cash flow from operations for 2025. The largest net exposure for one risk is high at 4.4% of capital. Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (3.4) with operating losses during each of the last five years. 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:
Ample reserve history (8.0) that helps to protect the company against sharp claims increases. 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.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (57.5%), other (42.5%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (77.9%), common stock (12.1%), cash (10.0%)
Corporate Info
Group Affiliation
ISMIE Mutual Ins Co
Investment Rating
--
Company Address
20 North Michigan Avenue
Chicago, IL 60602
Chicago, IL 60602
Phone Number
(312) 782-2749
NAIC Number
11084
Website
Largest Affiliates