1st Choice Advantage Ins Co

Everett, PA

Rating Date

April 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

2.60

Risk Adjusted
Capital Ratio #2

1.70

Loss
Ratio

59.94%

Total
Assets

36.07M

Capital

14.46M

Net
Premiums

21.22M

Net
Income

3.55M

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Weiss Ratings	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.30
Investment Safety Index	--
Liquidity Index	5.90
Profitability Index	4.30
Reserve Adequacy Index	7.00
Stability Index	5.00

Company Info	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	10750
Phone Number	(814) 652-6111
Website	www.everettcash.com
Address	10591 Lincoln Highway Everett, PA 15537

Balance Sheet	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Total Assets	36.07M

Capital and Reserves	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.60
Risk-Adjusted Capital Ratio #2	1.70
1-Year Reserve Development	-1,080.00%
2-Year Reserve Development	-1,100.00%
Capital	14.46M
Premium to Surplus	150.00%
Reserves to Surplus	50.00%

Investments	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	100.00%
Combined Ratio	90.00%
Expense Ratio	30.00%
Loss Ratio	59.94%
Net Premium Growth	-10.00%

Other Medical	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	1st Choice Advantage Ins Co Everett, PA	Click to Compare	Click to Compare	Click to Compare
Net Income	3.55M
Net Premium	21.22M
Health Premium	--