Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2020, 2021, 2022, 2023 and the first six months of 2025. Average return on equity over the last five years has been poor at -5.7%. History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Weak overall results on stability tests (2.8) including weak results on operational trends and negative cash flow from operations for 2024. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
IL, IN, TN, TX, WA
Principal Investments:
Investment grade bonds (72.4%), other (27.6%)
Corporate Info
Group Affiliation
Premier Holdings LLC
Investment Rating
--
Company Address
2 Maryland Farms
Brentwood, TN 37027
Brentwood, TN 37027
Phone Number
(847) 700-9100
NAIC Number
42862
Website
Largest Affiliates