Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios). Weak profitability index (0.2) with operating losses during each of the last five years. Weak overall results on stability tests (0.0) including weak risk diversification, weak results on operational trends and excessive premium growth.
Other Rating Factors:
History of adequate reserve strength (5.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
Principal Lines of Business:
Homeowners (74.1%), fire (2.6%), other (23.3%)
Licensed in:
TX
Principal Investments:
Cash (47.5%), other (52.5%)
Corporate Info
Group Affiliation
Texas Windstorm Ins Association
Investment Rating
--
Company Address
4801 Southwest Parkway
Austin, TX 78735
Austin, TX 78735
Phone Number
(512) 899-4900
NAIC Number
11543
Website
Largest Affiliates