Major Rating Factors:
Good overall profitability index (6.8 on a scale of 0 to 10). Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.5). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Med mal (99.2%), other (0.8%)
Licensed in:
AK, AZ, CA, HI, ID, MT, NV, OR, WA
Principal Investments:
Investment grade bonds (77.6%), common stock (16.4%), non investment grade bonds (2.0%), cash (1.7%), real estate (0.8%), other (1.4%)
Corporate Info
Group Affiliation
Medical Ins Exchange of California
Investment Rating
--
Company Address
6250 Claremont Avenue
Oakland, CA 94618
Oakland, CA 94618
Phone Number
(510) 428-9411
NAIC Number
32433
Website
Largest Affiliates