Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) including. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.8) with operating gains in each of the last five years. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TN
Principal Investments:
Investment grade bonds (45.5%), common stock (30.5%), cash (18.1%), other (6.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1669 Kirby Parkway
Memphis, TN 38120
Memphis, TN 38120
Phone Number
(901) 614-0100
NAIC Number
44130
Largest Affiliates
No affiliate information available.