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. The largest net exposure for one risk is acceptable at 2.7% of capital. Strong long-term capitalization index (9.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.4) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.1) despite modest operating losses during the first three months of 2025. Excellent liquidity (8.3) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (45.8%), personal/comm auto (19.3%), other (35.0%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (70.2%), common stock (19.4%), cash (5.3%), other (5.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
316 W Washington Avenue
Madison, WI 53703
Madison, WI 53703
Phone Number
(608) 267-2380
NAIC Number
11527
Website
Largest Affiliates
No affiliate information available.