Rating Date
June 2026
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (0.2) that places pressure on both capital and profits. In the last five years, reserves (one year development) fluctuated between 32.3% and 495.7% deficient. Weak profitability index (0.5) with operating losses during each of the last five years.
Other Rating Factors:
Weak overall results on stability tests (0.0) including weak risk diversification, weak results on operational trends and weak risk adjusted capital in prior years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
--
Licensed in:
NJ
Principal Investments:
Investment grade bonds (73.0%), cash (22.3%), other (4.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
13 Roszel Road
Princeton, NJ 08540
Princeton, NJ 08540
Phone Number
(877) 265-7873
NAIC Number
11539
Website
Largest Affiliates
There are no affiliate to display.