Major Rating Factors:
Good liquidity (6.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.9) 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 overall results on stability tests (8.0). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (4.7) with operating losses during 2021, 2023, 2024 and 2025.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
OR
Principal Investments:
Investment grade bonds (74.2%), common stock (10.6%), non investment grade bonds (4.2%), real estate (1.7%), cash (0.4%), other (9.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
400 High St SE
Salem, OR 97312
Salem, OR 97312
Phone Number
(503) 373-8000
NAIC Number
36196
Website
Largest Affiliates
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