Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.3% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.9). Excellent expense controls. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (67.7%), fire (6.3%), other (26.1%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (94.0%), cash (4.5%), common stock (0.7%), other (0.9%)
Corporate Info
Group Affiliation
Chase Family Ltd
Investment Rating
--
Company Address
823 Washington Ave
Waco, TX 76701
Waco, TX 76701
Phone Number
(254) 759-3727
NAIC Number
40673
Website
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