Major Rating Factors:
Poor long-term capitalization index (0.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. A history of deficient reserves (1.8) that places pressure on both capital and profits. In 2025 the one year reserve development was 1,242.1% deficient. Vulnerable liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (1.9) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025. Fair profitability index (3.3) with operating losses during 2024 and 2025.
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.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (92.4%), fin guar/surety (7.6%)
Licensed in:
OK
Principal Investments:
Preferred stock (94.7%), cash (1.6%), other (3.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2500 McGee Drive
Norman, OK 73072
Norman, OK 73072
Phone Number
(802) 658-9466
NAIC Number
17607
Website
Largest Affiliates
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