ACIG Ins Co
Major Rating Factors:
Fair long-term capitalization index (4.8 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. History of adequate reserve strength (6.3) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (4.9) including excessive premium growth. The largest net exposure for one risk is high at 5.0% of capital. Excellent profitability index (8.2).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (20.0%), personal/comm auto (17.6%), fin guar/surety (3.6%), other (58.7%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (71.1%), non investment grade bonds (9.0%), common stock (5.2%), cash (1.4%), other (13.3%)
Corporate Info
Group Affiliation
American Contractors Ins Group Ltd
Investment Rating
--
Company Address
2600 North Central Expressway
Richardson, TX 75080
Richardson, TX 75080
Phone Number
(972) 702-9004
NAIC Number
19984
Website
Largest Affiliates