Major Rating Factors:
Strong long-term capitalization index (7.3 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 (8.0) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Good overall profitability index (6.4). Weak expense controls. Good overall results on stability tests (6.5) despite weak results on operational trends.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AZ, CO, NV, NM, UT
Principal Investments:
Investment grade bonds (48.9%), common stock (33.6%), cash (0.9%), other (16.7%)
Corporate Info
Group Affiliation
CopperPoint Group
Investment Rating
--
Company Address
3030 N 3rd Street
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(414) 369-5033
NAIC Number
14216
Website
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