Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including excessive premium growth. The largest net exposure for one risk is excessive at 54.5% of capital. Strengths include potentially strong support from affiliation with Grange Mutual Holding Co. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair profitability index (4.1) with operating losses during 2025.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. 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.
Principal Lines of Business:
Homeowners (83.3%), work comp (6.0%), comm multi (5.0%), personal/comm auto (1.4%), other (4.3%)
Licensed in:
IA, MN, MO, OH, WI
Principal Investments:
Investment grade bonds (90.0%), other (10.0%)
Corporate Info
Group Affiliation
Grange Mutual Holding Co
Investment Rating
--
Company Address
671 South High Street
Columbus, OH 43206
Columbus, OH 43206
Phone Number
(614) 445-2900
NAIC Number
10288
Largest Affiliates