Major Rating Factors:
Good overall profitability index (6.7 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 14.9%. Good overall results on stability tests (6.1) despite. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital. 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 (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (97.4%), other (2.6%)
Licensed in:
All states except AK, CA, CT, DC, DE, HI, ID, KS, MA, ME, MT, ND, NE, NH, NM, NV, NY, OR, RI, UT, VT, WY
Principal Investments:
Investment grade bonds (66.3%), common stock (22.3%), cash (7.6%), other (3.8%)
Corporate Info
Group Affiliation
Biglari Holdings Inc
Investment Rating
--
Company Address
240 Nokomis Avenue, South
Venice, FL 34285
Venice, FL 34285
Phone Number
(800) 521-4287
NAIC Number
10676
Website
Largest Affiliates