Major Rating Factors:
Vulnerable liquidity (2.7 on a scale of 0 to 10) as a spike in claims may stretch capacity. Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.2) with operating losses during 2021, 2022, 2023 and 2024.
Other Rating Factors:
Fair overall results on stability tests (4.1) including weak risk adjusted capital in prior years and negative cash flow from operations for 2025. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2024.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AR, CO, GA, IA, ID, IL, IN, KS, MN, MO, ND, NE, NJ, NM, OK, SD, TN, TX, UT, WI, WY
Principal Investments:
Investment grade bonds (82.6%), cash (3.6%), other (13.8%)
Corporate Info
Group Affiliation
MEM Mutual Ins Co
Investment Rating
--
Company Address
101 North Keene Street
Columbia, MO 65201
Columbia, MO 65201
Phone Number
(573) 499-9714
NAIC Number
21776
Website
Largest Affiliates