Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including. Good profitability index (4.9) with operating losses during 2020. Return on equity has been low, averaging 2.5% over the past five years. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
ID, MT
Principal Investments:
Investment grade bonds (75.3%), common stock (13.1%), cash (4.1%), real estate (3.0%), other (4.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2676 South Vista Avenue
Boise, ID 83705
Boise, ID 83705
Phone Number
(208) 336-7733
NAIC Number
37370
Website
Largest Affiliates
No affiliate information available.