Major Rating Factors:
Weak profitability index (2.8 on a scale of 0 to 10) with operating losses during 2025. Weak overall results on stability tests (1.0) including excessive premium growth, weak results on operational trends and weak risk diversification. The largest net exposure for one risk is excessive at 7.3% of capital. Fair reserve development (3.9) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Good long-term capitalization index (6.3) based on good current risk adjusted capital (severe loss scenarios). 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.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (49.7%), farmowners (41.4%), comm multi (3.9%), other (4.9%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (37.5%), common stock (26.7%), cash (13.3%), preferred stock (4.6%), real estate (3.0%), other (14.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
N1826 County Road R
Lebanon, WI 53047
Lebanon, WI 53047
Phone Number
(920) 925-3755
NAIC Number
11749
Website
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