Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.2% of capital. Good overall profitability index (5.1) despite operating losses during 2020 and 2024. Return on equity has been low, averaging 3.5% over the past five years. Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (47.7%), work comp (19.8%), personal/comm auto (15.4%), other (17.1%)
Licensed in:
All states except AK, CA, CT, DC, DE, FL, HI, ID, MA, MD, ME, NJ, NY, RI, VA, WA
Principal Investments:
Investment grade bonds (48.6%), cash (41.4%), common stock (6.8%), preferred stock (0.5%), other (2.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1700 East Douglas Avenue
Wichita, KS 67214
Wichita, KS 67214
Phone Number
(301) 220-1086
NAIC Number
11134
Website
Largest Affiliates
No affiliate information available.