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 (0.0) that places pressure on both capital and profits. In the last five years, reserves (two year development) fluctuated between 101.9% and 377.9% deficient. Weak profitability index (1.5) with operating losses during 2021, 2022, 2023 and 2025.
Other Rating Factors:
Weak overall results on stability tests (2.3) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 3.9% of capital. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (75.2%), other (24.8%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
6317 Union Academy ADA Rd
Hope Hull, AL 36043
Hope Hull, AL 36043
Phone Number
(941) 373-1116
NAIC Number
12275
Website
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Largest Affiliates
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