Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.5) including excessive premium growth. Strengths include potentially strong support from affiliation with American Family Ins Group. 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.
Other Rating Factors:
Excellent profitability index (7.8). Excellent expense controls. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
Principal Lines of Business:
Personal/comm auto (61.5%), homeowners (28.5%), comm multi (9.3%), farmowners (0.4%), other (0.3%)
Licensed in:
GA, OH, WI
Principal Investments:
Cash (89.8%), investment grade bonds (8.3%), other (2.0%)
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
6000 American Parkway
Madison, WI 53783
Madison, WI 53783
Phone Number
(608) 242-4100
NAIC Number
10387
Website
Largest Affiliates