Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including weak risk diversification. Fair profitability index (3.5) with operating losses during 2021, 2022, 2023 and 2024. Good long-term capitalization index (6.2) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
OK, TX
Principal Investments:
Cash (60.5%), common stock (21.6%), investment grade bonds (17.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
907 East Grand Avenue
Marshall, TX 75670
Marshall, TX 75670
Phone Number
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NAIC Number
31810
Website
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Largest Affiliates
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