Texas FAIR Plan Association

Austin, TX

Rating Date

November 2024

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

-1.50

Risk Adjusted
Capital Ratio #2

-1.10

Loss
Ratio

93.48%

Total
Assets

88.90M

Capital

-57.70M

Net
Premiums

67.94M

Net
Income

-40.42M

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Weiss Ratings	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	0.00
Investment Safety Index	--
Liquidity Index	7.00
Profitability Index	0.10
Reserve Adequacy Index	4.90
Stability Index	0.00

Company Info	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	11543
Phone Number	(512) 899-4900
Website	www.texasfairplan.org
Address	4801 Southwest Parkway Austin, TX 78735

Balance Sheet	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Total Assets	88.90M

Capital and Reserves	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	-1.50
Risk-Adjusted Capital Ratio #2	-1.10
1-Year Reserve Development	-13,500.00%
2-Year Reserve Development	2,750.00%
Capital	-57.70M
Premium to Surplus	-380.00%
Reserves to Surplus	-90.00%

Investments	Texas FAIR Plan Association Austin, TX	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	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	100.00%
Combined Ratio	130.00%
Expense Ratio	40.00%
Loss Ratio	93.48%
Net Premium Growth	50.00%

Other Medical	Texas FAIR Plan Association Austin, TX	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	Texas FAIR Plan Association Austin, TX	Click to Compare	Click to Compare	Click to Compare
Net Income	-40.42M
Net Premium	67.94M
Health Premium	--