Amerisure Mutual Ins Co
Major Rating Factors:
Fair profitability index (4.9 on a scale of 0 to 10). History of adequate reserve strength (6.6) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Work comp (29.2%), personal/comm auto (28.1%), comm multi (22.7%), fin guar/surety (3.3%), product liab. (1.3%), fire (0.1%), other (15.5%)
Licensed in:
All states and PR
Principal Investments:
Investment grade bonds (55.7%), common stock (24.8%), non investment grade bonds (6.4%), preferred stock (0.8%), real estate (0.4%), other (12.0%)
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
(800) 257-1900
NAIC Number
23396
Website
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