OShaughnahill Surety & Ins
Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including weak results on operational trends and weak risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2021 and 2024.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.7) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
CT, FL, LA, MS
Principal Investments:
Investment grade bonds (56.0%), cash (16.9%), other (27.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
428 South Congress Avenue
West Palm Beach, FL 33406
West Palm Beach, FL 33406
Phone Number
(800) 255-2245
NAIC Number
17007
Website
Largest Affiliates
No affiliate information available.