Frank Winston Crum Ins Co
Major Rating Factors:
Poor long-term capitalization index (1.3 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (0.8) that places pressure on both capital and profits. In the last five years, reserves (two year development) fluctuated between 25.1% and 73.7% deficient. Good overall profitability index (5.7) with operating gains in each of the last five years. Return on equity has been fair, averaging 8.4% over the past five years.
Other Rating Factors:
Good overall results on stability tests (6.1) despite weak risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital. Excellent liquidity (8.3) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (57.5%), other (42.5%)
Licensed in:
All states except AK, HI, MA, MN, ND, WA, WY
Principal Investments:
Investment grade bonds (82.2%), common stock (10.8%), cash (3.1%), non investment grade bonds (0.3%), other (3.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 South Missouri Avenue
Clearwater, FL 33756
Clearwater, FL 33756
Phone Number
(727) 799-1150
NAIC Number
11600
Website
Largest Affiliates
No affiliate information available.