Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (8.1) despite modest operating losses during the first three months of 2025.
Other Rating Factors:
Superior liquidity (9.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.4). Strengths include potentially strong support from affiliation with CopperPoint Mutual Ins Holding Co, good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (51.7%), personal/comm auto (19.7%), comm multi (13.1%), fire (0.7%), product liab. (0.2%), other (14.6%)
Licensed in:
All states except NY, PA, TN
Principal Investments:
Investment grade bonds (68.8%), common stock (14.5%), cash (6.7%), preferred stock (0.3%), other (9.7%)
Corporate Info
Group Affiliation
CopperPoint Mutual Ins Holding Co
Investment Rating
--
Company Address
3030 N. 3rd Street
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(602) 631-2300
NAIC Number
38733
Website
Largest Affiliates