Mountain Valley Indemnity Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.9) with operating gains in each of the last five years. Return on equity has been low, averaging 3.1% over the past five years. Fair overall results on stability tests (3.3) including excessive premium growth. The largest net exposure for one risk is excessive at 9.3% of capital.
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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (85.3%), fire (6.7%), other (8.0%)
Licensed in:
CO, DE, HI, ID, IN, KS, KY, MA, MD, ME, MO, MT, NE, NH, NV, NY, OK, OR, PA, RI, SC, TN, TX, UT, VT, WA
Principal Investments:
Investment grade bonds (91.2%), other (8.8%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
The Allstate Corporation
Investment Rating
Company Address
450 W. Hanes Mill Road
Winston-Salem, NC 27105
Winston-Salem, NC 27105
Phone Number
(800) 526-0332
NAIC Number
10205
Website
Largest Affiliates