Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2021 and 2022. History of adequate reserve strength (5.4) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.5) despite negative cash flow from operations for 2025. Stability strengths include good operational trends, good risk adjusted capital for prior years and good risk diversification. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2023.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
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 AK, CT, DC, DE, HI, MA, MD, ME, MI, MN, NC, NH, NJ, NV, NY, OH, PA, RI, VT, WV
Principal Investments:
Investment grade bonds (82.0%), cash (17.9%)
Corporate Info
Group Affiliation
Home State Ins Group Inc
Investment Rating
--
Company Address
4315 Lake Shore Drive
Waco, TX 76710
Waco, TX 76710
Phone Number
(254) 776-4521
NAIC Number
28746
Website
Largest Affiliates