Major Rating Factors:
Good overall profitability index (6.5 on a scale of 0 to 10) despite modest operating losses during the first three months of 2025. Return on equity has been low, averaging 2.2% over the past five years. Strong long-term capitalization index (9.1) 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:
Excellent liquidity (8.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (98.1%), other (1.9%)
Licensed in:
AK, AZ, CA, HI, ID, MT, NV, OR, WA
Principal Investments:
Investment grade bonds (76.8%), common stock (15.7%), non investment grade bonds (2.6%), cash (1.7%), real estate (0.8%), other (2.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6250 Claremont Avenue
Oakland, CA 94618
Oakland, CA 94618
Phone Number
(510) 428-9411
NAIC Number
32433
Website
Largest Affiliates
No affiliate information available.