California Cas Indem Exchange
Major Rating Factors:
Good liquidity (5.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.1) despite. Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. The largest net exposure for one risk is acceptable at 2.6% of capital. Fair reserve development (3.8) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 28.5% deficient.
Other Rating Factors:
Fair profitability index (3.8) with operating losses during 2022 and 2023. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (70.2%), homeowners (28.4%), fire (1.0%), other (0.3%)
Licensed in:
All states except MI, NJ
Principal Investments:
Investment grade bonds (81.0%), common stock (13.9%), cash (1.4%), other (3.7%)
Corporate Info
Group Affiliation
California Casualty Indemnity Exchange
Investment Rating
--
Company Address
1650 Telstar Drive
Colorado Springs, CO 80920
Colorado Springs, CO 80920
Phone Number
(650) 574-4000
NAIC Number
20117
Website
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