Major Rating Factors:
Fair overall results on stability tests (2.9 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 5.2% of capital. Good long-term capitalization index (6.6) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. Good overall profitability index (5.7) despite operating losses during 2022 and the first six months of 2025. Return on equity has been fair, averaging 5.3% over the past five years.
Other Rating Factors:
Ample reserve history (7.8) that can protect against increases in claims costs. Excellent liquidity (8.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (85.1%), work comp (14.9%)
Licensed in:
IL
Principal Investments:
Investment grade bonds (77.7%), common stock (16.6%), cash (5.7%)
Corporate Info
Group Affiliation
Transit Financial LLC
Investment Rating
--
Company Address
8755 West Higgins Road
Chicago, IL 60631
Chicago, IL 60631
Phone Number
(773) 653-2348
NAIC Number
13660
Website
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