Major Rating Factors:
Poor long-term capitalization index (0.4 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the fair range during the last year. A history of deficient reserves (0.6) that places pressure on both capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 24.1% and 87.4%. Fair profitability index (3.5) with operating losses during 2021, 2022 and 2025.
Other Rating Factors:
Vulnerable liquidity (2.9) as a spike in claims may stretch capacity. Fair overall results on stability tests (3.9) including weak risk adjusted capital in prior years, weak results on operational trends and excessive premium growth.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
All states except AK, IL, LA, MA, ME, MI, NC, NH, NJ, NM, NY, VT
Principal Investments:
Investment grade bonds (28.1%), common stock (23.5%), other (48.4%)
Corporate Info
Group Affiliation
Citadel Partners Ins LLC
Investment Rating
--
Company Address
2 Maryland Farms
Brentwood, TN 37027
Brentwood, TN 37027
Phone Number
(800) 422-0794
NAIC Number
33650
Website
Largest Affiliates