Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.4% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.2) with operating gains in each of the last five years. Excellent expense controls. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (71.0%), fire (5.4%), other (23.6%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (95.1%), cash (3.2%), common stock (0.7%), other (1.1%)
Corporate Info
Group Affiliation
Chase Family Ltd
Investment Rating
--
Company Address
225 South 5th Street
Waco, TX 76701
Waco, TX 76701
Phone Number
(254) 759-3727
NAIC Number
40673
Website
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