Alliance of Nonprofits for Ins
Major Rating Factors:
Fair long-term capitalization index (4.5 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2024. Fair profitability index (3.5) with operating losses during 2024 and 2025. A history of deficient reserves (2.5) that places pressure on both capital and profits. In 2024 and 2025 the two year reserve development was 36.0% and 44.1% deficient respectively.
Other Rating Factors:
Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.8) despite fair risk adjusted capital in prior years. Stability strengths include good operational trends and good risk diversification.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business:
Personal/comm auto (22.3%), other (77.7%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (86.0%), cash (13.2%), common stock (0.3%), other (0.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3031 Eagle Peak Road
West Brookfield, MA 05060
West Brookfield, MA 05060
Phone Number
(802) 621-6109
NAIC Number
10023
Largest Affiliates
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