D
STATE MUTUAL INS CO
RomeGA
Rating Date
November 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Weak profitability (2.7 on a scale of 0 to 10) with operating losses during 2024. Weak overall results on stability tests (2.5). Fair quality investment portfolio (4.7).
Other Rating Factors: Good capitalization (6.5) based on good risk adjusted capital (severe loss scenario). Good Liquidity (6.6).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. D - Limited diversification of general business, policy, and/or investment risk. I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (96.7%), other (3.3%)
Licensed in: All states except CA, CT, ME, NH, NJ, NY, PR
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
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
210 E Second Avenue Suite 301
Rome, GA 30165
Phone Number
(336) 714-2908
NAIC Number
69132
Largest Affiliates
No affiliate information available.