B
West Virginia Ins Co
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
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Major Rating Factors: Good overall results on stability tests (5.8 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (8.1) that helps to protect the company against sharp claims increases.
Other Rating Factors: Excellent profitability index (8.3) despite modest operating losses during the first six months of 2025. 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. 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 (69.8%), fire (22.1%), other (8.1%)
Licensed in: WV
Principal Investments: Investment grade bonds (94.3%), cash (5.0%), real estate (0.6%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
2493 Ellenboro Road
Harrisville, WV 26362
Phone Number
(304) 643-2772
NAIC Number
11003
Largest Affiliates
No affiliate information available.