USA Underwriters Ins Co
Major Rating Factors:
Fair long-term capitalization index (4.4 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2021. History of adequate reserve strength (5.8) as reserves have been consistently at an acceptable level. Good overall profitability index (6.4) despite operating losses during 2021.
Other Rating Factors:
Good overall results on stability tests (5.4) despite weak risk adjusted capital in prior years. Stability strengths include excellent operational trends and good risk diversification. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, FL, MI, NV
Principal Investments:
Investment grade bonds (76.5%), cash (12.9%), real estate (7.8%), non investment grade bonds (2.3%), common stock (0.5%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
400 Hamilton Row
Birmingham, MI 48009
Birmingham, MI 48009
Phone Number
(248) 541-2800
NAIC Number
30457
Website
Largest Affiliates
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