Major Rating Factors:
Fair long-term capitalization index (4.6 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios) reflecting improvement over results in 2024. Weak overall results on stability tests (2.2) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2025. Fair reserve development (3.9) as the level of reserves has at times been insufficient to cover claims. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 23.8% and 29.0%.
Other Rating Factors:
Fair profitability index (3.3) with operating losses during 2021 and 2024. Superior liquidity (9.5) 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.
E - Lack of operating experience.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (95.0%), other (5.0%)
Licensed in:
VT
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
135 Allen Brook Lane
Williston, VT 05495
Williston, VT 05495
Phone Number
(615) 982-5137
NAIC Number
16965
Website
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Largest Affiliates
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