Major Rating Factors:
Vulnerable liquidity (2.3 on a scale of 0 to 10) as a spike in claims may stretch capacity. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.3) including excessive premium growth and weak results on operational trends.
Other Rating Factors:
Good overall profitability index (5.2). Excellent expense controls. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (91.2%), med mal (0.7%), fire (0.5%), comm multi (0.3%), other (7.4%)
Licensed in:
All states except CA, IL, KS, MO, NH, NY
Principal Investments:
Investment grade bonds (98.8%), other (1.2%)
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
290 Congress St.
Boston, MA 02210
Boston, MA 02210
Phone Number
(617) 832-1300
NAIC Number
17221
Website
Largest Affiliates