Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.3). Excellent overall results on stability tests (8.2). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Comm multi (52.2%), personal/comm auto (16.6%), homeowners (12.0%), fire (7.2%), farmowners (4.0%), other (8.1%)
Licensed in:
AZ, CA, ID, MT, NV
Principal Investments:
Investment grade bonds (67.8%), common stock (21.8%), cash (8.6%), non investment grade bonds (0.9%), preferred stock (0.2%), other (0.7%)
Corporate Info
Group Affiliation
Auto-Owners Ins Group
Investment Rating
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Company Address
1 Lower Ragsdale Drive
Monterey, CA 93940
Monterey, CA 93940
Phone Number
(831) 233-5500
NAIC Number
13544
Website
Largest Affiliates