Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.7) with operating losses during 2022 and 2023. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.1). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Med mal (99.3%), other (0.7%)
Licensed in:
AK, AR, AZ, CO, HI, IA, ID, IL, KS, LA, MN, MO, MT, ND, NE, NM, NV, OK, OR, SD, TX, UT, WI, WY
Principal Investments:
Investment grade bonds (65.2%), common stock (22.1%), non investment grade bonds (2.5%), cash (0.9%), other (9.3%)
Corporate Info
Group Affiliation
COPIC Trust
Investment Rating
--
Company Address
7351 East Lowry Boulevard
Denver, CO 80230
Denver, CO 80230
Phone Number
(720) 858-6000
NAIC Number
11860
Website
Largest Affiliates