Major Rating Factors:
Vulnerable liquidity (0.0 on a scale of 0 to 10) as a spike in claims may stretch capacity. Fair long-term capitalization index (3.8) based on fair current risk adjusted capital (severe and moderate loss scenarios). Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair overall results on stability tests (3.7) including excessive premium growth, negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. Good profitability index (4.9) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been low, averaging 1.9% over the past five years.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
Principal Lines of Business:
Homeowners (84.2%), personal/comm auto (1.6%), other (14.1%)
Licensed in:
MS, TX
Principal Investments:
Investment grade bonds (98.6%), cash (1.4%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
5400 Lyndon B Johnson Fwy
Dallas, TX 75240
Dallas, TX 75240
Phone Number
(215) 640-1000
NAIC Number
27774
Website
Largest Affiliates