Major Rating Factors:
Good overall results on stability tests (5.0 on a scale of 0 to 10) including. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (7.3) with operating gains in each of the last five years. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (48.8%), comm multi (43.8%), fire (1.5%), other (5.9%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (62.4%), common stock (31.8%), cash (2.9%), real estate (2.2%), other (0.8%)
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
No affiliate information available.