Major Rating Factors:
Good liquidity (5.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.7) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.2).
Stability Factors:
Principal Lines of Business:
Personal/comm auto (99.7%), other (0.3%)
Licensed in:
AL, AR, AZ, CA, FL, GA, IA, IL, IN, KS, LA, MN, MO, MS, NE, NM, NV, OH, OK, PA, SC, TN, TX, VA, WI, WV
Principal Investments:
Investment grade bonds (55.8%), common stock (43.7%), non investment grade bonds (0.2%), other (0.3%)
Corporate Info
Group Affiliation
AssuranceAmerica Corporation
Investment Rating
--
Company Address
100 Galleria Pkwy SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(770) 952-0200 6166
NAIC Number
11558
Website
Largest Affiliates