Amerisure Ins Co
Major Rating Factors:
Fair profitability index (4.9 on a scale of 0 to 10) with operating losses during 2022, 2023 and the first three months of 2025. Return on equity has been low, averaging 1.3% over the past five years. History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (8.0) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.1). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (29.7%), comm multi (29.5%), personal/comm auto (28.4%), product liab. (1.3%), fin guar/surety (1.2%), other (9.8%)
Licensed in:
All states except CA, also licensed in PR
Principal Investments:
Investment grade bonds (98.4%), cash (0.7%), non investment grade bonds (0.3%), common stock (0.1%), other (0.4%)
Corporate Info
Group Affiliation
Amerisure Mutual Holdings Inc
Investment Rating
--
Company Address
26777 Halsted Road
Farmington Hills, MI 48331
Farmington Hills, MI 48331
Phone Number
(248) 615-9000
NAIC Number
19488
Website
Largest Affiliates