Major Rating Factors:
Good overall results on stability tests (6.0 on a scale of 0 to 10) 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. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.5). Excellent expense controls. 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 (97.3%), other (2.7%)
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 (66.2%), common stock (20.8%), cash (10.4%), other (2.6%)
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