Scottsdale Indemnity Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9). Excellent expense controls. Good overall results on stability tests (6.0) despite excessive premium growth. Other stability subfactors include potentially strong support from affiliation with Nationwide Mutual Group, good operational trends and excellent risk diversification.
Other Rating Factors:
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. 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:
Comm multi (3.6%), product liab. (1.2%), homeowners (0.9%), work comp (0.3%), fire (0.1%), other (93.9%)
Licensed in:
All states except AZ, DE, also licensed in GU, PR, VI
Principal Investments:
Investment grade bonds (98.1%), other (1.9%)
Corporate Info
Group Affiliation
Nationwide Mutual Group
Investment Rating
--
Company Address
18700 North Hayden Road
Scottsdale, AZ 85255
Scottsdale, AZ 85255
Phone Number
(614) 249-1545
NAIC Number
15580
Website
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