Major Rating Factors:
Fair profitability index (4.0 on a scale of 0 to 10) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 2.2% over the past five years. Fair overall results on stability tests (3.1) including. Good long-term capitalization index (5.8) based on good current risk adjusted capital (severe loss scenarios). However, capital levels have fluctuated somewhat during past years.
Other Rating Factors:
Ample reserve history (8.0) that helps to protect the company against sharp claims increases. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, FL, GA, IL, IN, KY, MO, MS, NC, NE, OK, SC, TN, TX, VA
Principal Investments:
Investment grade bonds (70.7%), preferred stock (2.4%), non investment grade bonds (0.3%), cash (0.1%), other (26.4%)
Corporate Info
Group Affiliation
MidSouth Ins Co Inc
Investment Rating
--
Company Address
214 Centerview Drive
Brentwood, TN 37027
Brentwood, TN 37027
Phone Number
(615) 263-1300
NAIC Number
12839
Largest Affiliates
No affiliate information available.