Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including negative cash flow from operations for 2025. The largest net exposure for one risk is high at 3.2% of capital. Good long-term capitalization index (6.9) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good overall profitability index (6.4) despite operating losses during 2024.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (7.5) that can protect against increases in claims costs.
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.
Principal Lines of Business:
Comm multi (48.8%), work comp (18.3%), personal/comm auto (15.5%), other (17.4%)
Licensed in:
All states except AK, CA, CT, DC, DE, FL, HI, ID, MA, MD, ME, NJ, NY, RI, WA
Principal Investments:
Investment grade bonds (60.5%), cash (24.3%), common stock (10.3%), preferred stock (0.4%), non investment grade bonds (0.1%), other (4.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1700 East Douglas Avenue
Wichita, KS 67214
Wichita, KS 67214
Phone Number
(301) 220-1086
NAIC Number
11134
Website
Largest Affiliates
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