NGM Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (4.9) with modest operating losses during the first nine months of 2025. Excellent expense controls. Return on equity has been low, averaging 3.1% over the past five years. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.1). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Personal/comm auto (42.0%), comm multi (28.8%), homeowners (16.5%), fin guar/surety (4.6%), work comp (3.2%), fire (0.2%), other (4.8%)
Licensed in:
All states except CA, HI
Principal Investments:
Common stock (55.6%), investment grade bonds (41.8%), real estate (1.1%), other (1.5%)
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
4601 Touchton Road East
Jacksonville, FL 32246
Jacksonville, FL 32246
Phone Number
(904) 380-7282
NAIC Number
14788
Website
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