Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9). Fair overall results on stability tests (3.5) including excessive premium growth and weak results on operational trends.
Other Rating Factors:
Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (56.5%), farmowners (27.9%), homeowners (4.1%), fire (1.0%), other (10.5%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (88.2%), non investment grade bonds (1.4%), other (10.5%)
Corporate Info
Group Affiliation
Texas Farm Bureau
Investment Rating
--
Company Address
7420 Fish Pond Road
Waco, TX 76710
Waco, TX 76710
Phone Number
(254) 772-3030
NAIC Number
25399
Website
Largest Affiliates