Major Rating Factors:
Weak profitability index (2.1 on a scale of 0 to 10) with operating losses during 2024 and 2025. Vulnerable liquidity (2.1) as a spike in claims may stretch capacity. Weak overall results on stability tests (1.6) including weak risk diversification, weak results on operational trends and excessive premium growth. The largest net exposure for one risk is excessive at 7.6% of capital.
Other Rating Factors:
Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. Good long-term capitalization index (6.4) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
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 (67.4%), farmowners (32.2%), comm multi (0.4%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (47.5%), common stock (19.4%), cash (10.8%), real estate (4.1%), other (18.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
326 6th Street
Monroe, WI 53566
Monroe, WI 53566
Phone Number
(608) 325-3416
NAIC Number
11759
Website
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