Major Rating Factors:
Weak profitability index (2.9 on a scale of 0 to 10) with operating losses during 2024 and the first six months of 2025. Weak overall results on stability tests (1.2) including excessive premium growth, weak results on operational trends and weak risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
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.
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
TX
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
12140 Wickchester Lane
Houston, TX 77079
Houston, TX 77079
Phone Number
(858) 344-7786
NAIC Number
17615
Website
Largest Affiliates
No affiliate information available.