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). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (7.4) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (7.9) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.0). 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:
Work comp (57.3%), personal/comm auto (17.2%), comm multi (11.9%), fire (0.6%), product liab. (0.2%), other (12.8%)
Licensed in:
All states except MA, NY, OH, PA, TN
Principal Investments:
Investment grade bonds (73.4%), common stock (13.9%), cash (6.9%), preferred stock (0.2%), real estate (0.1%), other (5.5%)
Corporate Info
Group Affiliation
CopperPoint Mutual Ins Holding Co
Investment Rating
--
Company Address
7001 Jewel Lake Road
Anchorage, AK 99502
Anchorage, AK 99502
Phone Number
(907) 248-2642
NAIC Number
38733
Website
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