Louisiana Pest Control Ins Co
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2024. Fair profitability index (3.8) with operating losses during 2022, 2023, 2024 and the first six months of 2025. Average return on equity over the last five years has been poor at -0.6%. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
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:
Reinsurance (100.0%)
Licensed in:
LA, MS
Principal Investments:
Investment grade bonds (82.4%), real estate (13.1%), non investment grade bonds (3.4%), other (1.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3042 Old Forge Drive
Baton Rouge, LA 70808
Baton Rouge, LA 70808
Phone Number
(225) 927-3283
NAIC Number
22900
Website
Largest Affiliates
No affiliate information available.