Major Rating Factors:
Weak profitability index (2.8 on a scale of 0 to 10) with operating losses during 2024 and 2025. Weak overall results on stability tests (1.2) including excessive premium growth, weak risk diversification and weak results on operational trends. The largest net exposure for one risk is excessive at 7.3% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
F - Negative cash flow.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
800 Oak Ridge Turnpike
Oak Ridge, TN 37830
Oak Ridge, TN 37830
Phone Number
(833) 777-2453
NAIC Number
17564
Website
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