Major Rating Factors:
Weak overall results on stability tests (1.4 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios).
Other Rating Factors:
Excellent profitability index (9.1). Superior liquidity (9.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (65.3%), cash (32.7%), non investment grade bonds (1.7%), real estate (0.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
16836 Fordtran Blvd
Industry, TX 78944
Industry, TX 78944
Phone Number
(979) 357-2541
NAIC Number
17893
Website
Largest Affiliates
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