Major Rating Factors:
Poor long-term capitalization index (2.2 on a scale of 0 to 10) based on fair current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023. A history of deficient reserves (0.8) that places pressure on both capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 28.0% and 86.0%. Fair profitability index (3.1) with operating losses during 2023 and 2025.
Other Rating Factors:
Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.1) despite weak risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL, AR, AZ, CO, GA, IL, IN, LA, MS, NM, NV, OK, TX, UT
Principal Investments:
Investment grade bonds (73.7%), common stock (12.6%), cash (7.0%), real estate (2.8%), non investment grade bonds (0.7%), other (3.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
724 Enterprise Drive
Oak Brook, IL 60523
Oak Brook, IL 60523
Phone Number
(630) 423-3130
NAIC Number
14254
Website
Largest Affiliates
No affiliate information available.