Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10) despite operating losses during 2022. Good overall results on stability tests (5.1) despite. The largest net exposure for one risk is conservative at 1.1% of capital. Strong long-term capitalization index (9.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (79.7%), fire (6.3%), homeowners (5.6%), farmowners (0.9%), personal/comm auto (0.2%), other (7.2%)
Licensed in:
GA, IL, IN, KY, MI, MN, MO, NC, OH, PA, TN, VA, WI
Principal Investments:
Investment grade bonds (63.8%), common stock (17.3%), cash (12.5%), preferred stock (3.8%), non investment grade bonds (0.5%), other (2.0%)
Corporate Info
Group Affiliation
Mutual Capital Group Inc
Investment Rating
--
Company Address
41908 Route Six
Wyalusing, PA 18853
Wyalusing, PA 18853
Phone Number
(570) 746-1515
NAIC Number
12199
Website
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