State Farm Cnty Mutl Ins Co TX
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
Good overall profitability index (6.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 3.8% over the past five years. Good overall results on stability tests (6.2) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (88.8%), other (11.2%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (76.2%), cash (4.0%), other (19.8%)
Corporate Info
Group Affiliation
State Farm Mutual Automobile Ins Co
Investment Rating
--
Company Address
1251 State Street
Richardson, TX 75082
Richardson, TX 75082
Phone Number
(972) 732-5000
NAIC Number
26816
Website
Largest Affiliates