First Colonial Ins Co
Major Rating Factors:
Fair profitability index (3.3 on a scale of 0 to 10) with operating losses during 2023, 2024 and 2025. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent overall results on stability tests (7.0) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (0.9%), other (99.1%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (90.5%), preferred stock (0.4%), cash (0.4%), non investment grade bonds (0.2%), other (8.5%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
1776 American Heritage Life Drive
Jacksonville, FL 32224
Jacksonville, FL 32224
Phone Number
(847) 402-5000
NAIC Number
29980
Website
Largest Affiliates