Major Rating Factors:
Strong long-term capitalization index (8.6 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.8) with operating gains in each of the last five years.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (7.5). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (55.9%), comm multi (28.6%), personal/comm auto (3.4%), work comp (3.1%), fire (0.4%), other (8.6%)
Licensed in:
AL, AR, GA, IA, IL, IN, KY, MI, MO, ND, NE, NV, SC, SD, UT, VA, WI
Principal Investments:
Investment grade bonds (88.0%), common stock (9.1%), cash (1.7%), non investment grade bonds (0.3%), preferred stock (0.2%), other (0.7%)
Corporate Info
Group Affiliation
Auto-Owners Ins Group
Investment Rating
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Company Address
6101 Anacapri Boulevard
Lansing, MI 48917
Lansing, MI 48917
Phone Number
(517) 323-1200
NAIC Number
32905
Website
Largest Affiliates