Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including. The largest net exposure for one risk is acceptable at 2.4% of capital. Good profitability index (4.9) with operating losses during 2025. Good liquidity (6.3) 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. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
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 (40.5%), comm multi (35.5%), fire (13.1%), farmowners (8.3%), other (2.6%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (43.9%), common stock (25.6%), cash (5.7%), preferred stock (1.6%), non investment grade bonds (1.5%), real estate (0.5%), other (21.2%)
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
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