US Coastal P&C Ins Co
Major Rating Factors:
Good long-term capitalization index (5.3 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (3.6) including weak results on operational trends and excessive premium growth. The largest net exposure for one risk is acceptable at 2.6% of capital.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (61.5%), fire (32.6%), other (5.9%)
Licensed in:
AL, CA, FL, GA, MS, NC, SC
Principal Investments:
Investment grade bonds (77.6%), real estate (1.3%), cash (0.4%), other (20.7%)
Corporate Info
Group Affiliation
Cabrillo Intermediate Holdings LLC
Investment Rating
--
Company Address
301 Northwest 138th Terrace
Jonesville, FL 32669
Jonesville, FL 32669
Phone Number
(866) 896-7233
NAIC Number
15900
Website
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