US Coastal Ins Co
Major Rating Factors:
Poor long-term capitalization index (2.9 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the fair range during the last year. Fair reserve development (3.4) as the level of reserves has at times been insufficient to cover claims. In 2025 and 2024 the two year reserve development was 17.6% and 22.9% deficient respectively. Fair profitability index (4.9) with operating losses during 2021, 2023 and 2024.
Other Rating Factors:
Fair overall results on stability tests (3.5) including excessive premium growth, weak results on operational trends and fair risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.2% of capital. Good liquidity (6.3) 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.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (91.4%), fire (6.2%), other (2.4%)
Licensed in:
DE, NJ, NY, RI
Principal Investments:
Investment grade bonds (82.0%), other (18.0%)
Corporate Info
Group Affiliation
Cabrillo Intermediate Holdings LLC
Investment Rating
--
Company Address
301 Northwest 138th Terrace
Jonesville, FL 32669
Jonesville, FL 32669
Phone Number
(866) 896-7233
NAIC Number
15358
Website
Largest Affiliates