Development
AGRICULTURAL WORKERS MUT AUTO INS CO
Major Rating Factors:
Fair reserve development (4.2 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.6) including weak results on operational trends.
Other Rating Factors:
Weak profitability index (2.8) with operating losses during 2018, 2020 and 2021. Vulnerable liquidity (2.9) as a spike in claims may stretch capacity. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
L - Past results on our liquidity tests.
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 (58.5%), homeowners (28.9%), fire (1.9%), other (10.8%)
Licensed in:
AR, MO, OK, TX
Principal Investments:
Common stock (35.7%), investment grade bonds (24.1%), preferred stock (13.4%), cash (5.3%), real estate (1.8%), other (19.7%)
Corporate Info
Group Affiliation
Ag Workers Mutual Auto Group
Investment Rating
--
Company Address
5500 LOWER BIRDVILLE ROAD
FORT WORTH, TX 76117
FORT WORTH, TX 76117
Phone Number
(414) 369-5033
NAIC Number
18430
Website
Largest Affiliates