Major Rating Factors:
Fair reserve development (4.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2022, 2023 and 2025. Weak overall results on stability tests (0.9) including excessive premium growth and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 20.6% of capital.
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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
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 (41.4%), other (58.6%)
Licensed in:
All states except AK, AR, ME, MO, MS, NH, RI, VA, VT, WV, WY
Principal Investments:
Cash (52.6%), investment grade bonds (35.5%), non investment grade bonds (5.6%), other (6.3%)
Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
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Company Address
10805 Old Mill Road
Bradenton, FL 68154
Bradenton, FL 68154
Phone Number
(402) 827-3424
NAIC Number
40398
Website
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Largest Affiliates