Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) with operating losses during 2022, 2023 and 2024. Vulnerable liquidity (2.0) as a spike in claims may stretch capacity. Good long-term capitalization index (5.5) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range over the last two years.
Other Rating Factors:
Good overall results on stability tests (5.3) despite excessive premium growth and 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. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
L - Past results on our liquidity tests.
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