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 (4.0) with operating losses during 2024. Return on equity has been low, averaging 0.8% over the past five years. Fair overall results on stability tests (3.2) including excessive premium growth, weak results on operational trends and fair risk adjusted capital in prior years.
Other Rating Factors:
Good long-term capitalization index (6.1) based on good current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AZ, CA
Principal Investments:
Cash (93.3%), investment grade bonds (6.6%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
CSAA Ins Exchange
Investment Rating
--
Company Address
5353 West Bell Road
Glendale, AZ 85308
Glendale, AZ 85308
Phone Number
(800) 207-3618
NAIC Number
16392
Website
Largest Affiliates