A.M. Best's Rating - B++ (Very Good), Class IV. Outlook Stable
The Financial Performance Section says in part: Peachtree Casualty's operating results have been fairly consistent over the past five years, as evidenced by pre-tax returns on revenue. The company has generated positive operating returns in each of the past five years, mainly driven by favorable underwriting results in most years. Over the near term, A.M. Best believes the company's operating results should continue to benefit from management's disciplined underwriting approach and conservative investment strategy.

The company has benefited from favorable loss experience as reflected by a loss ratio that is below the industry composite. This level of consistency was attributable to rate increases, tightened underwriting standards and more selective producer appointments.

Demotech, Inc. - A, Exceptional - "Regardless of the severity of a general economic downturn or a deterioration in the insurance cycle, insurers earning a Financial Stability Rating © of "A" possess Exceptional financial stability related to withstanding a general economic downturn or deterioration of an underwriting cycle."
Financial History by Year:
YearCapital and Surplus
1985$1,200,000
1995$3,021,000
1997$3,841,000
1998$4,340,780
1999$4,382,131
2000$4,001,257
2001$4,220,782
2002$4,340,383
2003$5,040,778
2004$5,613,537
2005$5,620,283
2006$6,513,096
2007$6,632,074
Regulatory:
A tri-annual examination of financial condition was made as of December 31, 2006 by the Insurance Department of FL. An independent audit of the company's affairs through December 31, 2007 was conducted by Porter, Keedle and Moore. An evaluation of reserves for unpaid losses and loss adjustment expenses was made as of December 31, 2007 by Milliman & Robertson, Inc.


Reinsurance:
As of 01/01/08, PCIC maintains a quota share reinsurance treaty with Ace Property and Casualty Insurance Company and QBE Reinsurance Corporation on all business written. Ace Property and Casualty Insurance Company is rated A+ (Superior),Class XV by A.M. Best. QBE Reinsurance Corporation is rated A (Excellent), Class X by A.M. Best.

Underwriting:
PCIC currently writes non-standard private passenger auto liability and physical damage coverage in Florida and Georgia. Policies are written for six month and annual terms. All business is serviced by affiliate First Insurance Network, Inc. and is written through independent agents.