Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10) despite. Stability strengths include good operational trends and excellent risk diversification. Fair profitability index (4.0) with operating losses during 2020, 2023 and the first three months of 2025. Return on equity has been low, averaging 1.5% over the past five years. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (95.0%), homeowners (3.5%), comm multi (0.5%), farmowners (0.4%), other (0.6%)
Licensed in:
AL, AR, AZ, CO, IN, KY, MO, NV, OH, SC, TN, TX, UT, VA, WI
Principal Investments:
Investment grade bonds (50.5%), common stock (31.8%), cash (10.9%), preferred stock (1.1%), non investment grade bonds (0.5%), other (5.3%)
Corporate Info
Group Affiliation
Alfa Mutual Group
Investment Rating
--
Company Address
4037 Rural Plains Circle
Franklin, TN 37064
Franklin, TN 37064
Phone Number
(334) 288-3900
NAIC Number
12188
Website
Largest Affiliates