Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.0) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.7) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, FL, GA, IN, KY, MS, NC, SC, TN, VA
Principal Investments:
Investment grade bonds (77.3%), common stock (18.8%), preferred stock (1.0%), non investment grade bonds (0.9%), cash (0.8%), other (1.3%)
Corporate Info
Group Affiliation
Florida Fruit & Vegetable Association
Investment Rating
--
Company Address
800 Trafalgar Court
Maitland, FL 32751
Maitland, FL 32751
Phone Number
(321) 214-5300
NAIC Number
10385
Website
Largest Affiliates