Major Rating Factors:
Strong long-term capitalization index (8.9 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.0) with small operating losses during 2022.
Other Rating Factors:
Superior liquidity (9.4) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.4). Strengths include potentially strong support from affiliation with Berkshire Hathaway Inc, excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (93.8%), other (6.2%)
Licensed in:
FL, GA, IA, NJ, TN
Principal Investments:
Common stock (57.2%), investment grade bonds (38.2%), cash (0.2%), other (4.4%)
Corporate Info
Group Affiliation
Berkshire Hathaway Inc
Investment Rating
--
Company Address
1314 Douglas Street
Omaha, NE 68102
Omaha, NE 68102
Phone Number
(402) 916-3000
NAIC Number
42137
Website
Largest Affiliates