Major Rating Factors:
Fair liquidity (3.2 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Fair overall results on stability tests (4.2) including fair risk adjusted capital in prior years. The largest net exposure for one risk is excessive at 7.0% of capital. A history of deficient reserves (2.9). Underreserving can have an adverse impact on capital and profits. In 2023 and 2025 the two year reserve development was 15.5% and 49.1% deficient respectively.
Other Rating Factors:
Good long-term capitalization index (5.7) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2021. Good overall profitability index (6.8) despite operating losses during 2023.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (29.8%), fin guar/surety (3.7%), other (66.5%)
Licensed in:
AZ, CA, FL, ID, IN, MN, NC, NM, NV, OH, OK, SC, TN, TX, UT, VA, WA
Principal Investments:
Investment grade bonds (80.7%), common stock (8.0%), cash (4.8%), other (6.5%)
Corporate Info
Group Affiliation
LD Investments LLC
Investment Rating
--
Company Address
5675 Ruffin Road
San Diego, CA 92123
San Diego, CA 92123
Phone Number
(877) 365-1648
NAIC Number
10004
Website
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