Major Rating Factors:
Good overall results on stability tests (5.7 on a scale of 0 to 10) despite. Stability strengths include good historical capital adequacy and excellent risk diversification. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2024. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.8) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 15.4%. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.9%), other (0.1%)
Licensed in:
DE, MD, NC, PA, TN, VA
Principal Investments:
Investment grade bonds (94.5%), cash (3.5%), other (2.0%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
7450 Coca Cola Drive
Hanover, MD 21076
Hanover, MD 21076
Phone Number
(410) 684-3399
NAIC Number
35173
Largest Affiliates
No affiliate information available.