Major Rating Factors:
Fair profitability index (4.5 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been low, averaging 0.6% over the past five years. Fair overall results on stability tests (2.9) including negative cash flow from operations for 2024. Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
(No states)
Principal Investments:
Common stock (40.1%), investment grade bonds (34.0%), cash (3.9%), other (22.0%)
Corporate Info
Group Affiliation
Rush Co Inc
Investment Rating
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Company Address
137 East Sixth Avenue
Oakdale, LA 71463
Oakdale, LA 71463
Phone Number
(318) 335-0500
NAIC Number
43621
Website
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