Major Rating Factors:
History of adequate reserve strength (6.3 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good profitability index (5.0). Excellent expense controls. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Superior liquidity (9.5) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, CA, GA, MS, NV, OR, PA, TN, WA
Principal Investments:
Investment grade bonds (80.2%), common stock (16.7%), cash (1.7%), non investment grade bonds (0.7%), other (0.7%)
Corporate Info
Group Affiliation
Farmers Ins Group of Companies
Investment Rating
--
Company Address
1300 Concord Terrace
Sunrise, FL 33323
Sunrise, FL 33323
Phone Number
(888) 888-0080
NAIC Number
25089
Website
Largest Affiliates