Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is excessive at 74.4% of capital. Fair reserve development (4.4) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent profitability index (8.4). Superior liquidity (10.0) 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 (99.5%), other (0.5%)
Licensed in:
AZ
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
4300 East Camelback Road
Phoenix, AZ 85018
Phoenix, AZ 85018
Phone Number
(602) 427-3041
NAIC Number
13736
Website
Largest Affiliates
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