InterIns Exchange
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (3.8) with operating losses during 2022 and 2023. Return on equity has been low, averaging 0.8% over the past five years.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (79.4%), homeowners (19.6%), fire (0.7%), other (0.4%)
Licensed in:
CA, HI, ME, MO, NH, NM, OH, PA, TX, VA, VT
Principal Investments:
Common stock (48.4%), investment grade bonds (35.3%), non investment grade bonds (11.6%), real estate (1.2%), other (3.6%)
Corporate Info
Group Affiliation
Auto Club Exchange Group
Investment Rating
--
Company Address
3333 Fairview Road
Costa Mesa, CA 92626
Costa Mesa, CA 92626
Phone Number
(714) 850-5111
NAIC Number
15598
Website
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