Standard Casualty Co
Major Rating Factors:
Good long-term capitalization index (6.4 on a scale of 0 to 10) based on fair current risk adjusted capital (moderate loss scenarios), although results have slipped from the good range during the last year. Fair overall results on stability tests (4.3) including negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. Weak profitability index (2.9) with operating losses during 2021, 2022, 2023 and 2024. Average return on equity over the last five years has been poor at -9.3%.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good liquidity (6.5) 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 (46.7%), homeowners (43.9%), fire (8.9%), other (0.5%)
Licensed in:
AL, AR, AZ, GA, IN, KY, NC, NM, NV, OH, OR, SC, TN, TX, VA, WA
Principal Investments:
Investment grade bonds (40.7%), common stock (10.9%), cash (4.8%), real estate (1.2%), other (42.4%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
100 Northwoods Drive
New Braunfels, TX 78132
New Braunfels, TX 78132
Phone Number
(830) 629-6111
NAIC Number
12645
Website
Largest Affiliates
No affiliate information available.