Major Rating Factors:
Good liquidity (5.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Weak profitability index (2.5) with operating losses during 2022, 2023 and 2024.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (72.9%), homeowners (25.1%), comm multi (0.7%), work comp (0.2%), farmowners (0.2%), other (1.0%)
Licensed in:
IA, IN, MI, ND, NE, PA, WI
Principal Investments:
Investment grade bonds (95.4%), other (4.6%)
Corporate Info
Group Affiliation
Auto Club Ins Association Group
Investment Rating
--
Company Address
One Auto Club Drive
Dearborn, MI 48126
Dearborn, MI 48126
Phone Number
(313) 336-1234
NAIC Number
21210
Website
Largest Affiliates