Major Rating Factors:
Poor long-term capitalization index (1.5 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the fair range during the last year. A history of deficient reserves (1.3) that places pressure on both capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 17.4% and 81.2%. Weak overall results on stability tests (2.2) including weak risk diversification and fair risk adjusted capital in prior years.
Other Rating Factors:
Fair profitability index (3.9) with operating losses during 2021, 2023 and 2025. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
GA, TN
Principal Investments:
Investment grade bonds (57.6%), cash (37.7%), other (4.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1575 Northside Drive NW
Atlanta, GA 30318
Atlanta, GA 30318
Phone Number
(404) 351-2211
NAIC Number
10802
Website
Largest Affiliates
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