Major Rating Factors:
Fair profitability index (4.7 on a scale of 0 to 10) with operating losses during 2023 and 2025. Fair overall results on stability tests (4.0) including negative cash flow from operations for 2025 and fair risk adjusted capital in prior years. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2020. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (60.0%), common stock (35.4%), cash (2.2%), other (2.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
600 TownPark Lane, NW
Kennesaw, GA 30144
Kennesaw, GA 30144
Phone Number
(678) 298-1880
NAIC Number
13071
Website
Largest Affiliates
There are no affiliate to display.