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 small operating losses during 2025. Excellent expense controls. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (7.1). Strengths include potentially strong support from affiliation with American Family Ins Group, good operational trends and excellent risk diversification. Vulnerable liquidity (2.4) as a spike in claims may stretch capacity.
Stability Factors:
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (53.2%), homeowners (18.2%), fin guar/surety (9.2%), comm multi (4.0%), work comp (2.4%), fire (0.1%), other (12.8%)
Licensed in:
All states except CA, HI
Principal Investments:
Investment grade bonds (48.9%), common stock (48.4%), real estate (0.8%), other (1.9%)
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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