Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2024 and the first three months of 2025. Return on equity has been fair, averaging 5.4% over the past five years. Fair overall results on stability tests (4.5) including excessive premium growth and negative cash flow from operations for 2024. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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:
AZ, CO, ID, NM, OK, UT
Principal Investments:
Investment grade bonds (66.0%), cash (8.1%), other (25.9%)
Corporate Info
Group Affiliation
Alfa Mutual Group
Investment Rating
--
Company Address
4037 Rural Plains Circle
Franklin, TN 37064
Franklin, TN 37064
Phone Number
(334) 288-3900
NAIC Number
11805
Website
Largest Affiliates