Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good overall profitability index (5.1). Excellent expense controls. Good overall results on stability tests (6.4) despite excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (9.3) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (96.9%), product liab. (1.6%), fin guar/surety (0.2%), other (1.3%)
Licensed in:
OH
Principal Investments:
Investment grade bonds (65.9%), non investment grade bonds (0.9%), other (33.2%)
Corporate Info
Group Affiliation
Nationwide Mutual Group
Investment Rating
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Company Address
One West Nationwide Boulevard
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(614) 249-1545
NAIC Number
10070
Website
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Largest Affiliates