Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.6) including excessive premium growth. Strengths include potentially strong support from affiliation with Kansas Medical Mutual Ins Co. Good profitability index (5.0) with small operating losses during 2022 and the first three months of 2025. Excellent expense controls. Return on equity has been low, averaging 1.5% 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.
Principal Lines of Business:
Med mal (88.4%), other (11.6%)
Licensed in:
CT, KS, LA, MO, SC
Principal Investments:
Investment grade bonds (70.2%), cash (25.3%), other (4.5%)
Corporate Info
Group Affiliation
Kansas Medical Mutual Ins Co
Investment Rating
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Company Address
623 Southwest 10th Avenue
Topeka, KS 66612
Topeka, KS 66612
Phone Number
(785) 232-2224
NAIC Number
15735
Website
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Largest Affiliates