Worth Ins Co
Major Rating Factors:
Weak overall results on stability tests (2.6 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and lack of operational experience. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (7.4) 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. Superior liquidity (9.3) 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 (95.1%), comm multi (2.2%), other (2.7%)
Licensed in:
AZ, NM, TX
Principal Investments:
Cash (74.8%), investment grade bonds (10.4%), other (14.8%)
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