Major Rating Factors:
Vulnerable liquidity (2.2 on a scale of 0 to 10) as a spike in claims may stretch capacity. Weak overall results on stability tests (2.0) including excessive premium growth, weak results on operational trends and lack of operational experience. The largest net exposure for one risk is high at 3.2% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair profitability index (4.9) with modest operating losses during the first six months of 2025. 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.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (100.0%)
Licensed in:
LA
Principal Investments:
Investment grade bonds (49.8%), cash (2.9%), other (47.3%)
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
Largest Affiliates