Major Rating Factors:
Weak profitability index (1.4 on a scale of 0 to 10) with operating losses during 2025. Weak overall results on stability tests (0.8) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 4.9% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios). 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
DC
Principal Investments:
Cash (26.3%), other (73.7%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Medical Ins Exchange of California
Investment Rating
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Company Address
6250 Claremont Avenue
Oakland, CA 94618
Oakland, CA 94618
Phone Number
(510) 428-9411
NAIC Number
17794
Website
Largest Affiliates