Major Rating Factors:
Fair reserve development (4.7 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.7) including excessive premium growth and negative cash flow from operations for 2025. The largest net exposure for one risk is high at 4.7% of capital. Weak profitability index (2.7) with operating losses during 2021, 2023, 2024 and 2025.
Other Rating Factors:
Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
AL, DE, FL, GA, KY, LA, NE, SC, TN
Principal Investments:
Cash (78.2%), investment grade bonds (18.7%), other (3.0%)
Corporate Info
Group Affiliation
AssuranceAmerica Corporation
Investment Rating
--
Company Address
100 Galleria Pkwy SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(770) 952-0200
NAIC Number
24937
Website
Largest Affiliates