Major Rating Factors:
Fair overall results on stability tests (3.6 on a scale of 0 to 10) including weak results on operational trends. Good overall profitability index (5.3) despite operating losses during 2024. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.1) that can protect against increases in claims costs. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (44.4%), fire (13.5%), comm multi (6.6%), farmowners (5.7%), other (29.8%)
Licensed in:
AZ, CA, CO, ID, KY, LA, MS, MT, NC, NE, NH, NM, NV, OH, OK, OR, TN, UT
Principal Investments:
Investment grade bonds (16.3%), cash (0.5%), other (83.3%)
Corporate Info
Group Affiliation
Southlake Financial Holdings LLC
Investment Rating
--
Company Address
1301 Solana Boulevard
Westlake, TX 76262
Westlake, TX 76262
Phone Number
(800) 373-2910
NAIC Number
10007
Website
Largest Affiliates