Major Rating Factors:
Good overall profitability index (6.8 on a scale of 0 to 10). Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (7.8) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.6). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital.
Stability Factors:
Principal Lines of Business:
Med mal (95.3%), other (4.7%)
Licensed in:
AR, LA, MS, TN
Principal Investments:
Investment grade bonds (77.3%), common stock (16.1%), cash (5.1%), other (1.6%)
Corporate Info
Group Affiliation
LAMMICO
Investment Rating
--
Company Address
One Galleria Boulevard
Metairie, LA 70001
Metairie, LA 70001
Phone Number
(504) 831-3756
NAIC Number
43656
Website
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