Major Rating Factors:
A history of deficient reserves (3.0 on a scale of 0 to 10) that places pressure on both capital and profits. In 2024 and 2025 the two year reserve development was 18.8% and 34.0% deficient respectively. Weak overall results on stability tests (2.9) including weak risk diversification. Good overall profitability index (5.1) despite operating losses during 2022 and 2023.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
CA, FL
Principal Investments:
Investment grade bonds (91.6%), cash (8.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1403 North Tustin Avenue
Santa Ana, CA 92705
Santa Ana, CA 92705
Phone Number
(949) 851-6362
NAIC Number
12878
Website
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