Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.8) with operating losses during 2022, 2023 and 2025. Good overall results on stability tests (5.9) despite excessive premium growth and negative cash flow from operations for 2025. Other stability subfactors include potentially strong support from affiliation with American Family Ins Group, good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (9.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. 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.
F - Negative cash flow.
Principal Lines of Business:
Homeowners (28.0%), med mal (6.1%), comm multi (0.3%), other (65.7%)
Licensed in:
IL
Principal Investments:
Investment grade bonds (95.1%), other (4.9%)
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
290 Congress Street
Boston, MA 02210
Boston, MA 02210
Phone Number
(617) 832-1300
NAIC Number
11156
Website
Largest Affiliates