Direct Ins Co
Major Rating Factors:
Poor long-term capitalization index (1.7 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. Weak profitability index (1.9). Vulnerable liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.2) including excessive premium growth and fair risk adjusted capital in prior years.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.8%), homeowners (0.2%)
Licensed in:
AR, IL, NC, SC, TN
Principal Investments:
Investment grade bonds (88.7%), real estate (1.1%), other (10.1%)
Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Winston-Salem, NC 27105
Phone Number
(800) 526-0332
NAIC Number
37220
Website
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