Plateau Casualty Ins Co
Major Rating Factors:
Good overall profitability index (5.1 on a scale of 0 to 10) despite operating losses during 2024. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite excessive premium growth. Stability strengths include excellent operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, also licensed in GU
Principal Investments:
Investment grade bonds (48.2%), common stock (33.4%), cash (15.0%), preferred stock (2.1%), non investment grade bonds (0.3%), real estate (0.3%), other (0.6%)
Corporate Info
Group Affiliation
Cardiff Ins Group LLC
Investment Rating
--
Company Address
2701 North Main Street
Crossville, TN 38555
Crossville, TN 38555
Phone Number
(931) 484-8411
NAIC Number
10817
Website
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