Truck Ins Exchange
Major Rating Factors:
Fair long-term capitalization index (4.5 on a scale of 0 to 10) based on fair current risk adjusted capital (severe and moderate loss scenarios). Fair profitability index (4.9) with operating losses during 2020, 2021, 2022 and 2023. Vulnerable liquidity (2.9) as a spike in claims may stretch capacity.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent overall results on stability tests (8.3). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (34.4%), comm multi (32.3%), homeowners (20.2%), work comp (4.8%), fire (1.3%), other (7.0%)
Licensed in:
All states
Principal Investments:
Common stock (49.8%), investment grade bonds (46.9%), non investment grade bonds (1.7%), other (1.7%)
Corporate Info
Group Affiliation
Farmers Ins Group of Companies
Investment Rating
--
Company Address
6301 Owensmouth Avenue
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(818) 965-0433
NAIC Number
21709
Website
Largest Affiliates