Major Rating Factors:
Fair overall results on stability tests (2.9 on a scale of 0 to 10) including. The largest net exposure for one risk is acceptable at 2.1% of capital. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent profitability index (8.4) despite modest operating losses during the first six months of 2025.
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 (41.9%), comm multi (34.3%), fire (11.9%), farmowners (9.3%), other (2.6%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (47.1%), common stock (29.9%), cash (6.7%), preferred stock (2.2%), non investment grade bonds (1.5%), real estate (0.6%), other (12.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
218 East Main Street
Batavia, NY 14020
Batavia, NY 14020
Phone Number
(585) 343-7307
NAIC Number
10364
Website
Largest Affiliates
No affiliate information available.