Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Weak overall results on stability tests (2.5) including negative cash flow from operations for 2023. Fair current capitalization (4.9) based on fair risk adjusted capital (severe loss scenario), although results have slipped from the good range during the last year.
Other Rating Factors:
Good Liquidity (5.8). High quality investment portfolio (7.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CA, CT, FL, HI, IA, ME, MA, MN, NH, NJ, NY, PA, RI, VT, WI, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Maximum Corporation
Investment Rating
--
Company Address
2185 N Glenville Drive
Dallas, TX 75254
Dallas, TX 75254
Phone Number
(972) 699-2770
NAIC Number
61735
Website
Largest Affiliates