Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2021, 2022, 2023 and 2025. History of adequate reserve strength (5.3) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (4.9) including negative cash flow from operations for 2025. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
MA, ME, NH, RI
Principal Investments:
Investment grade bonds (69.8%), common stock (24.5%), cash (0.2%), other (5.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
465 Waverley Oaks Road
Waltham, MA 02452
Waltham, MA 02452
Phone Number
(617) 244-5730
NAIC Number
13374
Website
Largest Affiliates
There are no affiliate to display.