Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Weak overall results on stability tests (2.2) including negative cash flow from operations for 2023. Fair quality investment portfolio (4.5).
Other Rating Factors:
Good Liquidity (5.5). Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
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
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Phone Number
(724) 695-1100
NAIC Number
57673
Website
Largest Affiliates
No affiliate information available.