Major Rating Factors:
History of adequate reserve strength (6.5 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.3) despite. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Fair profitability index (4.9) with operating losses during 2021 and 2022.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL, AR, IL, KY, TN
Principal Investments:
Investment grade bonds (95.5%), cash (4.5%)
Corporate Info
Group Affiliation
Safeway Financial Holding Co
Investment Rating
--
Company Address
790 Pasquinelli Drive
Westmont, IL 60559
Westmont, IL 60559
Phone Number
--
NAIC Number
11223
Website
Largest Affiliates