Major Rating Factors:
Good overall profitability index (6.4 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been fair, averaging 9.7% over the past five years. Good overall results on stability tests (5.4) despite. The largest net exposure for one risk is high at 4.3% of capital. Stability strengths include good operational trends and good risk diversification. Fair reserve development (4.0) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 20.0% deficient.
Other Rating Factors:
Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Stability Factors:
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 (77.3%), fin guar/surety (7.8%), other (14.9%)
Licensed in:
All states except AK, CA, CT, HI, IA, ID, LA, MA, ME, ND, NH, NM, NV, OK, RI, SD, TX, VT
Principal Investments:
Investment grade bonds (70.9%), common stock (13.1%), cash (8.4%), non investment grade bonds (2.0%), other (5.6%)
Corporate Info
Group Affiliation
Atlantic American / Delta Group
Investment Rating
Company Address
3715 Northside Parkway
Atlanta, GA 30327
Atlanta, GA 30327
Phone Number
(404) 266-9599
NAIC Number
10235
Website
Largest Affiliates