Major Rating Factors:
Strong long-term capitalization index (8.3 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. Excellent profitability index (8.2). Excellent overall results on stability tests (8.7). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (36.2%), comm multi (17.8%), work comp (12.5%), fin guar/surety (5.6%), product liab. (2.8%), fire (1.9%), other (23.2%)
Licensed in:
All states except AK, CA, HI, MN, NY
Principal Investments:
Investment grade bonds (65.5%), common stock (18.0%), non investment grade bonds (10.7%), real estate (0.8%), cash (0.6%), other (4.5%)
Corporate Info
Group Affiliation
FCCI Mutual Ins Holding Co
Investment Rating
--
Company Address
6300 University Parkway
Sarasota, FL 34240
Sarasota, FL 34240
Phone Number
(941) 907-3224
NAIC Number
10178
Website
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