NORCAL Specialty Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (5.0). Excellent expense controls. Good overall results on stability tests (6.2) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
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. 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.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (93.7%), other (6.3%)
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
--
Company Address
100 Sterling Parkway
Mechanicsburg, PA 17050
Mechanicsburg, PA 17050
Phone Number
(844) 466-7225
NAIC Number
35114
Website
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