CSAA Fire & Casualty Ins Co
Major Rating Factors:
Good overall profitability index (5.0 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent expense controls. Return on equity has been fair, averaging 5.2% over the past five years. Good overall results on stability tests (5.6) despite excessive premium growth and negative cash flow from operations for 2024. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (61.1%), fire (29.3%), homeowners (4.0%), other (5.6%)
Licensed in:
AK, AZ, CA, CO, CT, DC, DE, ID, IN, KS, KY, MD, MT, NV, NY, OH, OK, OR, PA, SD, UT, VA, WA, WV, WY
Principal Investments:
Investment grade bonds (98.1%), common stock (0.7%), cash (0.2%), other (1.0%)
Corporate Info
Group Affiliation
CSAA Ins Exchange
Investment Rating
--
Company Address
3055 Oak Road
Walnut Creek, CA 94597
Walnut Creek, CA 94597
Phone Number
(925) 279-2300
NAIC Number
10921
Website
Largest Affiliates