Major Rating Factors:
History of adequate reserve strength (6.1 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
Excellent profitability index (8.7). Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (98.9%), other (1.1%)
Licensed in:
CA, FL, MD, OH
Principal Investments:
Investment grade bonds (99.4%), non investment grade bonds (0.6%)
Corporate Info
Group Affiliation
The Progressive Corporation
Investment Rating
Company Address
300 North Commons Blvd
Mayfield, OH 44143
Mayfield, OH 44143
Phone Number
(440) 461-5000
NAIC Number
10192
Website
Largest Affiliates