Major Rating Factors:
Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.2) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (3.7) as reserves have generally been sufficient to cover claims.
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. Excellent profitability index (8.0). Excellent expense controls.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (54.0%), comm multi (28.8%), other (17.2%)
Licensed in:
All states except CA, HI, LA, MA, NJ, NY, OR
Principal Investments:
Investment grade bonds (96.9%), cash (1.0%), other (2.1%)
Corporate Info
Group Affiliation
Builders Ins Mutual Holding Co
Investment Rating
--
Company Address
2859 Paces Ferry Road, SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(678) 309-4000
NAIC Number
11240
Website
Largest Affiliates