Major Rating Factors:
Fair reserve development (3.9 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.4) with operating losses during 2023 and 2025. Good long-term capitalization index (5.4) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2024.
Other Rating Factors:
Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (6.9) despite weak risk adjusted capital in prior years and negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
Principal Lines of Business:
Homeowners (97.3%), personal/comm auto (0.7%), other (2.0%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (81.9%), non investment grade bonds (4.9%), common stock (2.1%), other (11.1%)
Corporate Info
Group Affiliation
Western Service Contract Corporation
Investment Rating
--
Company Address
5515 East La Palma Avenue
Anaheim, CA 92807
Anaheim, CA 92807
Phone Number
(800) 303-5000
NAIC Number
37850
Website
Largest Affiliates