Major Rating Factors:
Weak profitability index (2.0 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2024. Good long-term capitalization index (5.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2024. Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.1) despite weak risk adjusted capital in prior years. The largest net exposure for one risk is high at 3.5% of capital. Stability strengths include good operational trends and good risk diversification. Ample reserve history (9.6) that helps to protect the company against sharp claims increases.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Comm multi (100.0%)
Licensed in:
ID
Principal Investments:
Investment grade bonds (63.0%), common stock (6.2%), other (30.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3100 Vista Avenue
Boise, ID 83705
Boise, ID 83705
Phone Number
(208) 336-3100
NAIC Number
36480
Website
Largest Affiliates
No affiliate information available.