State Compensation Ins Fund
Major Rating Factors:
Strong long-term capitalization index (8.7 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. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.9). Stability strengths include good operational trends and excellent risk diversification. Good overall profitability index (6.8).
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (93.2%), common stock (4.0%), real estate (1.1%), cash (0.9%), preferred stock (0.2%), other (0.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5890 Owens Drive
Pleasanton, CA 94588
Pleasanton, CA 94588
Phone Number
(888) 782-8338
NAIC Number
35076
Website
Largest Affiliates
No affiliate information available.