Major Rating Factors:
Fair reserve development (3.5 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 18.0% deficient. Fair profitability index (3.1) with operating losses during 2025. Fair overall results on stability tests (4.3) including weak results on operational trends. The largest net exposure for one risk is acceptable at 2.2% of capital.
Other Rating Factors:
Good long-term capitalization index (5.2) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (100.0%)
Licensed in:
All states except CA, NY, WI
Principal Investments:
Investment grade bonds (44.1%), common stock (36.2%), cash (6.1%), non investment grade bonds (0.6%), other (12.9%)
Corporate Info
Group Affiliation
Curi Holdings Inc
Investment Rating
--
Company Address
700 Spring Forest Road
Raleigh, NC 27609
Raleigh, NC 27609
Phone Number
(800) 328-5532
NAIC Number
32522
Website
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