Major Rating Factors:
Fair long-term capitalization index (4.7 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios). Fair profitability index (3.8) with operating losses during 2021, 2022 and the first six months of 2025. Return on equity has been low, averaging 2.5% over the past five years. Fair overall results on stability tests (4.7) including fair risk adjusted capital in prior years.
Other Rating Factors:
History of adequate reserve strength (5.6) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.8%), homeowners (0.2%)
Licensed in:
GA
Principal Investments:
Investment grade bonds (65.0%), cash (21.8%), preferred stock (2.3%), common stock (2.1%), other (8.8%)
Corporate Info
Group Affiliation
First Acceptance Corporation
Investment Rating
Company Address
3813 Green Hills Village Drive
Nashville, TN 37215
Nashville, TN 37215
Phone Number
(615) 327-4888
NAIC Number
11508
Website
Largest Affiliates