Production (Stage)
Major Rating Factors:
Strong long-term capitalization index (7.1 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. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (3.5) with operating losses during 2020, 2021, 2022, 2023 and the first three months of 2025. Average return on equity over the last five years has been poor at -4.6%.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AK, AZ, CA, CO, FL, HI, ID, IL, KS, LA, MO, MT, NM, NV, OK, OR, TX, UT, WA, WY
Principal Investments:
Investment grade bonds (74.5%), common stock (13.9%), cash (7.8%), non investment grade bonds (0.9%), other (2.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
--
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) 631-2000
NAIC Number
11555
Website
Largest Affiliates