Worth Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Weak overall results on stability tests (2.7) including excessive premium growth, weak results on operational trends and lack of operational experience. Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent profitability index (9.1). Excellent expense controls. Excellent liquidity (8.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (95.2%), comm multi (2.7%), other (2.1%)
Licensed in:
AZ, NM, TX
Principal Investments:
Cash (66.0%), investment grade bonds (23.2%), other (10.9%)
Corporate Info
Group Affiliation
Agricultural Workers Mutual Auto Ins Co
Investment Rating
--
Company Address
5500 Lower Birdville Road
Fort Worth, TX 76117
Fort Worth, TX 76117
Phone Number
(817) 831-9900
NAIC Number
17257
Website
Largest Affiliates