West Virginia Ins Co
Major Rating Factors:
Good overall profitability index (5.0 on a scale of 0 to 10). Good overall results on stability tests (5.9) 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.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Good liquidity (6.9) 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.
Principal Lines of Business:
Homeowners (68.4%), fire (22.9%), other (8.7%)
Licensed in:
WV
Principal Investments:
Investment grade bonds (94.7%), cash (4.7%), real estate (0.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2493 Ellenboro Road
Harrisville, WV 26362
Harrisville, WV 26362
Phone Number
(304) 643-2772
NAIC Number
11003
Website
Largest Affiliates
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