Major Rating Factors:
Strong long-term capitalization index (10.0 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 (7.0) that can protect against increases in claims costs. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good profitability index (4.9) with operating losses during 2021, 2022 and 2023. Good overall results on stability tests (6.1) despite negative cash flow from operations for 2025. The largest net exposure for one risk is high at 3.3% of capital. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (94.6%), personal/comm auto (4.9%), other (0.4%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (94.9%), cash (0.2%), other (5.0%)
Corporate Info
Group Affiliation
The Travelers Companies Inc
Investment Rating
Company Address
One North Dale Mabry Highway
Tampa, FL 33609
Tampa, FL 33609
Phone Number
(813) 357-0200
NAIC Number
10647
Website
Largest Affiliates