Major Rating Factors:
Weak profitability index (0.8 on a scale of 0 to 10) with operating losses during 2020, 2022, 2023, 2024 and the first six months of 2025. Average return on equity over the last five years has been poor at -52.9%. Weak overall results on stability tests (1.3) including weak results on operational trends, weak risk adjusted capital in prior years and negative cash flow from operations for 2024. History of adequate reserve strength (5.5) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (7.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2023. Superior liquidity (9.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
AZ, CA, CO, ID, NV, OR, UT, WA
Principal Investments:
Cash (31.5%), investment grade bonds (29.2%), other (39.3%)
Corporate Info
Group Affiliation
Compre Group Holdings Limited
Investment Rating
--
Company Address
330 North Brand Boulevard
Glendale, CA 91203
Glendale, CA 91203
Phone Number
(925) 817-6300
NAIC Number
18953
Website
Largest Affiliates