Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.4) with operating losses during 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -1.8%. Fair overall results on stability tests (3.5) including excessive premium growth and negative cash flow from operations for 2024.
Other Rating Factors:
Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (86.4%), fire (1.7%), other (11.9%)
Licensed in:
LA
Principal Investments:
Investment grade bonds (71.0%), cash (13.9%), preferred stock (3.5%), other (11.6%)
Corporate Info
Group Affiliation
AU Holding Co Inc
Investment Rating
--
Company Address
4081 Lakewood Ranch Boulevard
Sarasota, FL 34240
Sarasota, FL 34240
Phone Number
(941) 870-0204
NAIC Number
16181
Website
Largest Affiliates