Major Rating Factors:
Poor long-term capitalization index (0.6 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the good range over the last two years. A history of deficient reserves (2.5) that places pressure on both capital and profits. In 2024 and 2025 the one year reserve development was 21.6% and 25.0% deficient respectively. Weak overall results on stability tests (2.1) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is high at 4.5% of capital.
Other Rating Factors:
Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability index (8.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.4%), other (0.6%)
Licensed in:
AL
Principal Investments:
Common stock (61.1%), investment grade bonds (15.8%), cash (4.0%), other (19.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6317 Union Academy Ada Rd.
Hope Hull, AL 36043
Hope Hull, AL 36043
Phone Number
(469) 778-5445
NAIC Number
17417
Website
Largest Affiliates
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