Hornbeam Ins Co
Major Rating Factors:
Poor long-term capitalization index (2.4 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios), although results have slipped from the fair range during the last year. Weak profitability index (2.8) with operating losses during 2021, 2022, 2024 and 2025. Vulnerable liquidity (0.8) as a spike in claims may stretch capacity.
Other Rating Factors:
Fair reserve development (4.8) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (2.9) including weak results on operational trends and fair risk adjusted capital in prior years.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CA, CO, CT, ID, IL, MA, ME, MN, MO, NH, NY, PA, VA, VT, WA, WI
Principal Investments:
Investment grade bonds (25.5%), cash (15.1%), other (59.4%)
Corporate Info
Group Affiliation
Hardscuffle Inc
Investment Rating
--
Company Address
471 West Main Street
Louisville, KY 40202
Louisville, KY 40202
Phone Number
(502) 417-8260
NAIC Number
11245
Website
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