Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.1) including. Strong long-term capitalization index (9.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.8) with operating gains in each of the last five years. 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
All states except CA, DC, IL, KY, MA, ME, NH, OR, RI, WI, WV, WY
Principal Investments:
Cash (54.6%), investment grade bonds (8.2%), other (37.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
4107 North Himes Avenue
Tampa, FL 33607
Tampa, FL 33607
Phone Number
(813) 623-5042
NAIC Number
42706
Website
Largest Affiliates
No affiliate information available.