Major Rating Factors:
Weak overall results on stability tests (1.0 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 9.0% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (9.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios).
Other Rating Factors:
Excellent profitability index (8.3). Excellent expense controls. Superior liquidity (9.8) 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (25.0%), other (75.0%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
6317 Union Academy Ada Road
Hope Hull, AL 36043
Hope Hull, AL 36043
Phone Number
(941) 955-0793
NAIC Number
17756
Website
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Largest Affiliates
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