Major Rating Factors:
Weak overall results on stability tests (1.7 on a scale of 0 to 10) including weak risk diversification, negative cash flow from operations for 2024 and lack of operational experience. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.4) with operating losses during 2023, 2024 and the first three months of 2025.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Product liab. (100.0%)
Licensed in:
AZ
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
135 Allen Brook Lane
Williston, VT 05495
Williston, VT 05495
Phone Number
(615) 982-5137
NAIC Number
16707
Website
Largest Affiliates
No affiliate information available.