PracticeProtection Cas Co
Major Rating Factors:
Poor long-term capitalization index (1.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Fair reserve development (3.2) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 42.9% deficient. Fair profitability index (3.8) with operating losses during 2024.
Other Rating Factors:
Fair liquidity (3.5) as cash resources may not be adequate to cover a spike in claims. Fair overall results on stability tests (2.9) including weak risk adjusted capital in prior years and excessive premium growth. The largest net exposure for one risk is excessive at 6.1% of capital.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Med mal (98.0%), other (2.0%)
Licensed in:
AL, AZ, FL, GA, IL, IN, KY, LA, MO, NC, NV, TX
Principal Investments:
Investment grade bonds (51.2%), cash (6.5%), common stock (1.9%), non investment grade bonds (1.0%), other (39.5%)
Corporate Info
Group Affiliation
Practice Protection Inc
Investment Rating
--
Company Address
12276 San Jose Blvd
Jacksonville, FL 32223
Jacksonville, FL 32223
Phone Number
(888) 217-2779
NAIC Number
12843
Largest Affiliates