Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.9) with operating losses during 2021, 2023 and 2025. Fair overall results on stability tests (3.6) including excessive premium growth. Strengths include potentially strong support from affiliation with Southern Casualty Holding Co.
Other Rating Factors:
Strong long-term capitalization index (9.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (43.0%), homeowners (30.4%), farmowners (17.9%), comm multi (3.9%), fire (2.6%), other (2.3%)
Licensed in:
CO, MS
Principal Investments:
Cash (66.8%), investment grade bonds (20.4%), common stock (12.8%)
Corporate Info
Group Affiliation
Southern Casualty Holding Co
Investment Rating
--
Company Address
1800 East County Line Road
Ridgeland, MS 39157
Ridgeland, MS 39157
Phone Number
(601) 957-7777
NAIC Number
13641
Website
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