Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite excessive premium growth and negative cash flow from operations for 2025. Other stability subfactors include potentially strong support from affiliation with CSAA Ins Exchange Group, good operational trends and excellent risk diversification.
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. Excellent profitability index (7.8). Excellent expense controls.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (17.8%), cash (0.2%), other (81.9%)
Corporate Info
Group Affiliation
CSAA Ins Exchange Group
Investment Rating
--
Company Address
5353 West Bell Road
Glendale, AZ 85308
Glendale, AZ 85308
Phone Number
(877) 268-1408
NAIC Number
16599
Website
Largest Affiliates