Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent overall profitability index (7.0) with operating gains in each of the last five years. Return on equity has been fair, averaging 5.2% over the past five years. Superior liquidity (9.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
SC
Principal Investments:
Common stock (47.7%), investment grade bonds (39.1%), cash (5.2%), preferred stock (0.3%), other (7.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2711 Middleburg Drive
Columbia, SC 29204
Columbia, SC 29204
Phone Number
(941) 373-1107
NAIC Number
11807
Website
Largest Affiliates
No affiliate information available.