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 profitability index (3.9) with small operating losses during 2025. Fair overall results on stability tests (3.8) including excessive premium growth, negative cash flow from operations for 2025 and weak risk adjusted capital in prior years.
Other Rating Factors:
Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2021. Superior liquidity (9.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TX
Principal Investments:
Cash (47.0%), investment grade bonds (26.6%), other (26.4%)
Ratios
Premium to Surplus
Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Brookfield Corporation
Investment Rating
Company Address
One Moody Plaza
Galveston, TX 77550
Galveston, TX 77550
Phone Number
(409) 766-6619
NAIC Number
29319
Website
Largest Affiliates