Major Rating Factors:
Strong long-term capitalization index (9.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification. Good overall profitability index (5.2) despite modest operating losses during the first three months of 2025. Return on equity has been low, averaging 2.4% over the past five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (99.7%), other (0.3%)
Licensed in:
AL, AR, FL, GA, IA, IL, IN, KS, KY, LA, MD, MI, MO, MS, NC, NE, OH, OK, SC, TN, TX, VA, WI, WV
Principal Investments:
Investment grade bonds (69.6%), common stock (21.5%), other (8.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5005 Maryland Way
Brentwood, TN 37027
Brentwood, TN 37027
Phone Number
(615) 377-1999
NAIC Number
33049
Website
Largest Affiliates
No affiliate information available.