Major Rating Factors:
Fair reserve development (4.8 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.9) with operating losses during 2021 and 2022. Fair overall results on stability tests (4.1) including weak results on operational trends, negative cash flow from operations for 2025 and fair risk adjusted capital in prior years.
Other Rating Factors:
Good long-term capitalization index (5.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2023. Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
GA
Principal Investments:
Investment grade bonds (73.8%), cash (17.2%), common stock (4.1%), preferred stock (2.1%), other (2.7%)
Corporate Info
Group Affiliation
First Acceptance Corporation
Investment Rating
Company Address
3813 Green Hills Village Drive
Nashville, TN 37215
Nashville, TN 37215
Phone Number
(615) 327-4888
NAIC Number
11508
Website
Largest Affiliates