Amerisure Ins Co
Major Rating Factors:
Fair reserve development (4.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.7) with operating losses during 2022, 2023 and 2025. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Work comp (29.8%), personal/comm auto (28.5%), comm multi (28.3%), fin guar/surety (1.4%), product liab. (1.3%), other (10.6%)
Licensed in:
All states except CA, also licensed in PR
Principal Investments:
Investment grade bonds (98.2%), cash (0.8%), common stock (0.1%), non investment grade bonds (0.1%), other (0.7%)
Corporate Info
Group Affiliation
Amerisure Mutual Holdings Inc
Investment Rating
--
Company Address
26777 Halsted Road
Farmington Hills, MI 48331
Farmington Hills, MI 48331
Phone Number
(248) 615-9000
NAIC Number
19488
Website
Largest Affiliates