Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8) with operating losses during 2025. Fair overall results on stability tests (4.4) including excessive premium growth and lack of operational experience. The largest net exposure for one risk is high at 3.3% of capital.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (81.0%), fire (2.9%), other (16.1%)
Licensed in:
LA
Principal Investments:
Investment grade bonds (64.1%), cash (24.3%), non investment grade bonds (1.3%), preferred stock (0.8%), other (9.5%)
Corporate Info
Group Affiliation
HJJ Holdings LLC
Investment Rating
--
Company Address
4081 Lakewood Ranch Blvd
Sarasota, FL 34240
Sarasota, FL 34240
Phone Number
(941) 266-3028
NAIC Number
17563
Website
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