Major Rating Factors:
Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during 2025. Weak overall results on stability tests (2.7) including excessive premium growth, weak results on operational trends and lack of operational experience. The largest net exposure for one risk is acceptable at 2.9% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Excellent liquidity (8.0) with ample operational cash flow and liquid investments.
Stability Factors:
E - Lack of operating experience.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (79.5%), cash (19.9%), other (0.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2400 Dallas Pkwy
Plano, TX 75093
Plano, TX 75093
Phone Number
(678) 242-1300
NAIC Number
17739
Website
Largest Affiliates
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