Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with operating losses during 2021, 2023 and 2024. Vulnerable liquidity (2.7) as a spike in claims may stretch capacity. Good long-term capitalization index (5.6) based on good current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2024.
Other Rating Factors:
Good overall results on stability tests (5.0) including weak risk adjusted capital in prior years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Fire (100.0%)
Licensed in:
TX
Principal Investments:
Common stock (34.6%), investment grade bonds (29.5%), real estate (0.9%), other (35.0%)
Corporate Info
Group Affiliation
RVOS Farm Mutual Ins Co
Investment Rating
--
Company Address
2301 South 37th Street
Temple, TX 76504
Temple, TX 76504
Phone Number
(254) 773-2181
NAIC Number
21733
Website
Largest Affiliates