Major Rating Factors:
Fair long-term capitalization index (3.8 on a scale of 0 to 10) based on fair current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the good range over the last two years. Fair profitability index (2.9) with operating losses during 2023, 2024 and 2025. Fair overall results on stability tests (4.8) including negative cash flow from operations for 2025 and fair risk adjusted capital in prior years.
Other Rating Factors:
History of adequate reserve strength (5.0) as reserves have been consistently at an acceptable level. Good liquidity (5.6) 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.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Work comp (99.9%)
Licensed in:
All states except AK, CA, HI, ID, ND, OR, WA, WY
Principal Investments:
Investment grade bonds (96.1%), other (3.9%)
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
--
Company Address
25 Race Avenue
Lancaster, PA 17603
Lancaster, PA 17603
Phone Number
(855) 533-3444
NAIC Number
11242
Website
Largest Affiliates