Clear Spring Health Ins Co
Major Rating Factors:
Weak profitability index (0.6 on a scale of 0 to 10) with 123.9 million in losses in the last five years. Average return on equity has been poor at -74.4%. Weak overall results on stability tests (1.1) based on excessive premium growth during 2023, rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of DLICM LLC. Excellent overall capitalization (7.6) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states except NY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
DLICM LLC
Investment Rating
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Company Address
250 South Northwest Highway
Park Ridge, IL 60068
Park Ridge, IL 60068
Phone Number
(224) 332-2395
NAIC Number
78301
Website
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