Major Rating Factors:
History of adequate reserve strength (6.0 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.2). Excellent expense controls. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020.
Other Rating Factors:
Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (6.9) despite excessive premium growth. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (53.7%), med mal (14.1%), work comp (11.2%), other (21.0%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (58.7%), cash (41.2%), other (0.1%)
Corporate Info
Group Affiliation
Medical Professional Mutual Ins Co
Investment Rating
--
Company Address
One Financial Center
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 330-1755
NAIC Number
36234
Website
Largest Affiliates