Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (7.2) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (31.2%), fin guar/surety (4.3%), other (64.4%)
Licensed in:
GA
Principal Investments:
Investment grade bonds (86.0%), other (14.0%)
Corporate Info
Group Affiliation
1st Franklin Financial Corporation
Investment Rating
--
Company Address
135 East Tugalo Street
Toccoa, GA 30577
Toccoa, GA 30577
Phone Number
(706) 886-7571
NAIC Number
42536
Website
Largest Affiliates