Rating Date
June 2026
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Weak profitability index (2.5 on a scale of 0 to 10) with operating losses during 2022 and 2023. Weak overall results on stability tests (0.0) including weak results on operational trends, negative cash flow from operations for 2025 and lack of operational experience. The largest net exposure for one risk is excessive at 37.7% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2023.
Other Rating Factors:
Ample reserve history (7.4) that can protect against increases in claims costs. 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:
Comm multi (100.0%)
Licensed in:
PR
Principal Investments:
Cash (27.4%), other (72.6%)
Corporate Info
Group Affiliation
Blitz Ins corp
Investment Rating
--
Company Address
1985 Cedar Bridge Avenue
Lakewood, NJ 08701
Lakewood, NJ 08701
Phone Number
(732) 367-0129
NAIC Number
17171
Website
Largest Affiliates