Major Rating Factors:
Weak overall results on stability tests (2.3 on a scale of 0 to 10) including weak risk diversification and negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.5% of capital. Fair profitability index (4.0) with operating losses during 2023 and 2024. History of adequate reserve strength (5.9) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Fire (35.3%), homeowners (12.2%), other (52.5%)
Licensed in:
KS
Principal Investments:
Common stock (56.2%), investment grade bonds (18.8%), cash (10.7%), real estate (4.7%), other (9.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
16 North Main Street
Ellinwood, KS 67526
Ellinwood, KS 67526
Phone Number
(620) 564-3281
NAIC Number
10323
Website
Largest Affiliates
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