Major Rating Factors:
Good liquidity (6.6 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.2). Excellent overall results on stability tests (7.5). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Comm multi (52.0%), personal/comm auto (15.8%), homeowners (12.2%), fire (7.3%), farmowners (4.0%), other (8.7%)
Licensed in:
AZ, CA, ID, MT, NV
Principal Investments:
Investment grade bonds (68.4%), common stock (21.6%), cash (8.8%), non investment grade bonds (0.5%), preferred stock (0.2%), other (0.5%)
Corporate Info
Group Affiliation
Auto-Owners Ins Group
Investment Rating
--
Company Address
Building One
Monterey, CA 93940
Monterey, CA 93940
Phone Number
(831) 233-5500
NAIC Number
13544
Website
Largest Affiliates