Major Rating Factors:
History of adequate reserve strength (6.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.1). Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, MI
Principal Investments:
Investment grade bonds (98.8%), other (1.2%)
Corporate Info
Group Affiliation
Nationwide Mutual Group
Investment Rating
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Company Address
700 Tower Drive
Troy, MI 48098
Troy, MI 48098
Phone Number
(614) 249-1545
NAIC Number
36269
Website
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Largest Affiliates