Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2021 the two year reserve development was 19.4% deficient. Fair profitability index (3.7) with operating losses during 2021, 2023, 2024 and 2025. Fair overall results on stability tests (3.2) including.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (84.2%), other (15.8%)
Licensed in:
NC, SC
Principal Investments:
Common stock (55.9%), investment grade bonds (32.3%), cash (6.3%), other (5.5%)
Corporate Info
Group Affiliation
J Leon Hix Revocable Trust
Investment Rating
--
Company Address
706 West Wade Hampton Boulevard
Greer, SC 29650
Greer, SC 29650
Phone Number
(864) 848-0200
NAIC Number
11128
Largest Affiliates