Major Rating Factors:
Good overall profitability index (5.0 on a scale of 0 to 10). Good overall results on stability tests (5.0) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (9.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Homeowners (48.8%), comm multi (43.8%), fire (1.4%), other (6.1%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (60.0%), common stock (33.5%), cash (3.3%), real estate (2.0%), other (1.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1923 Vestal Parkway, East
Vestal, NY 13850
Vestal, NY 13850
Phone Number
(607) 321-2655
NAIC Number
10371
Website
Largest Affiliates
There are no affiliate to display.