Major Rating Factors:
History of adequate reserve strength (6.3 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.8) with small operating losses during 2022. Excellent expense controls. Return on equity has been fair, averaging 7.4% over the past five years. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (8.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (45.6%), product liab. (1.1%), other (53.3%)
Licensed in:
CA, DC, UT
Principal Investments:
Investment grade bonds (43.9%), common stock (26.9%), cash (14.8%), non investment grade bonds (1.6%), preferred stock (1.2%), other (11.5%)
Corporate Info
Group Affiliation
The Doctors Co an InterIns Exchange
Investment Rating
--
Company Address
185 Greenwood Road
Napa, CA 94558
Napa, CA 94558
Phone Number
(707) 226-0100
NAIC Number
34487
Website
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