Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.3) including excessive premium growth and weak results on operational trends. Good overall profitability index (5.2).
Other Rating Factors:
Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (99.8%), other (0.2%)
Licensed in:
MS
Principal Investments:
Investment grade bonds (60.5%), common stock (31.7%), cash (3.8%), real estate (0.7%), other (3.2%)
Corporate Info
Group Affiliation
Medical Assurance Co of Mississippi
Investment Rating
--
Company Address
404 W. Parkway Place
Ridgeland, MS 39157
Ridgeland, MS 39157
Phone Number
(601) 605-4882
NAIC Number
10339
Website
Largest Affiliates