Major Rating Factors:
Good overall results on stability tests (4.9 on a scale of 0 to 10) including excessive premium growth and negative cash flow from operations for 2025. Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc. Fair reserve development (4.6) 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), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Weak profitability index (1.9) with operating losses during 2021.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
All states except CA, HI, MA, MI, ND, SD, VT
Principal Investments:
Investment grade bonds (42.7%), cash (5.8%), other (51.5%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
7272 Wisconsin Avenue
Bethesda, MD 20814
Bethesda, MD 20814
Phone Number
(301) 986-3000
NAIC Number
14139
Website
Largest Affiliates