Accident Pfd Ins Co
Major Rating Factors:
Weak overall results on stability tests (0.8 on a scale of 0 to 10) including weak results on operational trends, lack of operational experience and excessive premium growth. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8).
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
NM
Principal Investments:
Investment grade bonds (58.4%), cash (41.6%)
Corporate Info
Group Affiliation
Accident Ins Holding Co Inc
Investment Rating
--
Company Address
2155 Louisiana Boulevard, NE
Albuquerque, NM 87110
Albuquerque, NM 87110
Phone Number
(800) 896-6884
NAIC Number
17436
Website
Largest Affiliates