Major Rating Factors:
Fair overall results on stability tests (4.9 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2). Excellent expense controls.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (47.4%), work comp (15.9%), med mal (14.9%), other (21.8%)
Licensed in:
All states
Principal Investments:
Cash (55.7%), investment grade bonds (42.6%), other (1.8%)
Corporate Info
Group Affiliation
Medical Professional Mutual Ins Co
Investment Rating
--
Company Address
One Financial Center
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 330-1755
NAIC Number
36234
Website
Largest Affiliates