Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) with operating losses during 2022, 2023, 2024 and the first three months of 2025. Average return on equity over the last five years has been poor at -3.6%. Good long-term capitalization index (5.4) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years. Good overall results on stability tests (5.3) despite negative cash flow from operations for 2024. Stability strengths include good operational trends, good risk adjusted capital for prior years and good risk diversification. The largest net exposure for one risk is acceptable at 2.9% of capital.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (8.0) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (43.3%), farmowners (18.7%), fire (8.2%), personal/comm auto (4.8%), other (24.9%)
Licensed in:
AR, TX
Principal Investments:
Common stock (53.4%), cash (21.0%), investment grade bonds (9.7%), non investment grade bonds (0.5%), other (15.4%)
Corporate Info
Group Affiliation
Columbia Lloyds Ins Co
Investment Rating
--
Company Address
2200 West Alabama Street
Houston, TX 77098
Houston, TX 77098
Phone Number
(713) 395-1071
NAIC Number
20320
Website
Largest Affiliates