Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8).
Other Rating Factors:
Good long-term capitalization index (5.2) based on good current risk adjusted capital (severe and moderate loss scenarios). Over the last several years, capital levels have remained relatively consistent. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
Comm multi (45.8%), personal/comm auto (30.8%), product liab. (4.3%), fire (0.2%), farmowners (0.1%), other (18.8%)
Licensed in:
TX
Principal Investments:
Cash (70.8%), investment grade bonds (29.2%)
Corporate Info
Group Affiliation
W R Berkley Corporation
Investment Rating
Company Address
222 Las Colinas Boulevard, West
Irving, TX 75039
Irving, TX 75039
Phone Number
(972) 719-2400
NAIC Number
43435
Website
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