AUTOMOBILE CLUB OF SOUTHERN CA INS
Major Rating Factors:
Good capitalization (5.4 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Fair quality investment portfolio (3.7) with large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Fair Liquidity (4.4) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals.
Other Rating Factors:
Fair overall results on stability tests (4.6) including fair risk adjusted capital in prior years. Weak profitability (1.1) with operating losses during the first nine months of 2024.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
CA, MI
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Interins Exch Automobile Club
Investment Rating
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Company Address
3333 Fairview Road
Costa Mesa, CA 92626
Costa Mesa, CA 92626
Phone Number
(714) 850-5111
NAIC Number
60256
Website
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Largest Affiliates