Fortegra Spclty Ins Co
Major Rating Factors:
Fair reserve development (4.4 on a scale of 0 to 10) as the level of reserves has at times been insufficient to cover claims. In 2024 and 2025 the two year reserve development was 15.3% and 18.3% deficient respectively. Good long-term capitalization index (5.7) based on good current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2023. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability index (8.8). Excellent overall results on stability tests (7.4). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Fire (19.0%), comm multi (14.3%), personal/comm auto (7.9%), homeowners (6.0%), fin guar/surety (0.8%), other (52.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (54.9%), common stock (20.2%), cash (10.2%), non investment grade bonds (4.6%), preferred stock (0.1%), other (9.9%)
Corporate Info
Group Affiliation
Tiptree Inc
Investment Rating
Company Address
10751 Deerwood Park Boulevard
Jacksonville, FL 32256
Jacksonville, FL 32256
Phone Number
(904) 350-9660
NAIC Number
16823
Website
Largest Affiliates