Major Rating Factors: Fair profitability index (4.9 on a scale of 0 to 10). Excellent expense controls. Fair overall results on stability tests (3.4). The largest net exposure for one risk is excessive at 9.8% of capital.
Other Rating Factors: 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. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors: 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: Personal/comm auto (100.0%)
Licensed in: AZ, CA
Principal Investments: Investment grade bonds (97.4%), other (2.6%)