D
Cable Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Poor long-term capitalization index (1.2 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). A history of deficient reserves (2.4) that places pressure on both capital and profits. In 2024 the one year reserve development was 60.0% deficient. Weak overall results on stability tests (2.7) including weak risk adjusted capital in prior years and weak results on operational trends.
Other Rating Factors: Fair profitability index (3.2) with operating losses during 2020, 2021, 2023 and 2024. Average return on equity over the last five years has been poor at -5.8%. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. D - Limited diversification of general business, policy, and/or investment risk. G - Fast asset or premium growth. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Personal/comm auto (100.0%)
Licensed in: FL
Principal Investments: Investment grade bonds (59.8%), cash (29.8%), common stock (10.2%), other (0.2%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
221 West Oakland Park Boulevard
Fort Lauderdale, FL 33311
Phone Number
(954) 563-3000
NAIC Number
16572
Largest Affiliates
No affiliate information available.