Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (2.9) with operating losses during 2025. Fair overall results on stability tests (2.9) including excessive premium growth, weak results on operational trends and lack of operational experience.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Superior liquidity (9.0) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (83.0%), cash (1.1%), other (16.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1700 City Plaza Drive
Spring, TX 77389
Spring, TX 77389
Phone Number
(281) 257-6700
NAIC Number
17805
Largest Affiliates
There are no affiliate to display.