Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including excessive premium growth, weak risk diversification and weak results on operational trends. The largest net exposure for one risk is excessive at 14.4% of capital. Good long-term capitalization index (6.5) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair reserve development (4.1) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (3.5) with operating losses during 2025. Excellent liquidity (8.7) 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.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1605 Main Street
Sarasota, FL 34236
Sarasota, FL 34236
Phone Number
(941) 373-1119
NAIC Number
17677
Website
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Largest Affiliates
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