Major Rating Factors:
Weak profitability (1.4 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Weak overall results on stability tests (1.7). Fair quality investment portfolio (4.6).
Other Rating Factors:
Good capitalization (6.2) based on good risk adjusted capital (severe loss scenario). Good Liquidity (5.2).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
8811 Peach St
Erie, PA 16509
Erie, PA 16509
Phone Number
(800) 234-5222
NAIC Number
56758
Website
Largest Affiliates
No affiliate information available.