Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including excessive premium growth. Weak profitability (2.3) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak Liquidity (1.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, 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
Unum Group
Investment Rating
Company Address
2211 CONGRESS STREET
Portland, ME 04122
Portland, ME 04122
Phone Number
(423) 294-1011
NAIC Number
67601
Website
Largest Affiliates