Farmers Ins Co Arizona
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.3) including excessive premium growth, negative cash flow from operations for 2025 and fair risk adjusted capital in prior years. Good long-term capitalization index (5.9) based on good current risk adjusted capital (severe and moderate loss scenarios) reflecting some improvement over results in 2021.
Other Rating Factors:
Good overall profitability index (5.1) despite operating losses during 2021, 2022 and 2023. Excellent expense controls. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (69.8%), homeowners (26.4%), comm multi (2.8%), other (1.1%)
Licensed in:
AZ, NM
Principal Investments:
Investment grade bonds (79.2%), cash (20.8%)
Corporate Info
Group Affiliation
Farmers Ins Group of Companies
Investment Rating
--
Company Address
6301 Owensmouth Ave
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(818) 965-0263
NAIC Number
21598
Website
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