CorePointe Ins Co
Major Rating Factors:
Good overall results on stability tests (5.5 on a scale of 0 to 10) despite. Strengths include potentially strong support from affiliation with Evergreen Parent Gp LLC. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.8) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 1.8% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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 (56.1%), personal/comm auto (26.5%), other (17.4%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (100.0%)
Ratios
Premium to Surplus
Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Evergreen Parent Gp LLC
Investment Rating
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Company Address
903 NorthWest 65th Street
Boca Raton, FL 33487
Boca Raton, FL 33487
Phone Number
(216) 328-6100
NAIC Number
10499
Largest Affiliates