Major Rating Factors:
A history of deficient reserves (1.0 on a scale of 0 to 10) 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 19.9% and 91.6%. Weak profitability index (2.6) with operating losses during 2022, 2023, 2024 and 2025. Good long-term capitalization index (5.9) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2024.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.7) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (57.2%), comm multi (24.8%), homeowners (12.5%), fire (0.5%), other (5.0%)
Licensed in:
GA, NC, SC, TN
Principal Investments:
Investment grade bonds (95.6%), cash (3.9%), other (0.5%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
5444 Riverside Drive
Macon, GA 31210
Macon, GA 31210
Phone Number
(478) 474-0555
NAIC Number
12610
Website
Largest Affiliates
No affiliate information available.