Major Rating Factors:
Fair overall results on stability tests (4.5) including weak results on operational trends and negative cash flow from operations for 2022.
Other Rating Factors:
Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability (7.1) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 17.9%. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
All states except KS, LA, NH, NJ, VT, WY, PR
Principal Investments:
Investment grade bonds (33.7%), real estate (20.3%), common stock (19.5%), cash (10.3%), non investment grade bonds (0.6%), other (15.6%)
Corporate Info
Group Affiliation
Infinity Property & Casualty Group
Investment Rating
Company Address
500 East 96th Street Suite 100
INDIANAPOLIS, IN 46240
INDIANAPOLIS, IN 46240
Phone Number
(205) 803-8326
NAIC Number
22268
Website
Largest Affiliates
