Major Rating Factors:
Weak profitability index (2.6 on a scale of 0 to 10) with operating losses during 2024 and 2025. Fair reserve development (4.9) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.0) including negative cash flow from operations for 2025. The largest net exposure for one risk is conservative at 1.8% of capital.
Other Rating Factors:
Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (35.3%), farmowners (32.4%), fire (28.4%), comm multi (3.8%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (53.8%), common stock (24.0%), cash (10.5%), non investment grade bonds (1.3%), real estate (1.1%), preferred stock (0.1%), other (9.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
36396 Main Street
Whitehall, WI 54773
Whitehall, WI 54773
Phone Number
(715) 538-2123
NAIC Number
11607
Website
Largest Affiliates
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