Major Rating Factors:
History of adequate reserve strength (6.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.7) despite. Stability strengths include good operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent profitability index (8.5).
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
DE, GA, MD, NC, NJ, PA, SC, VA
Principal Investments:
Investment grade bonds (71.8%), common stock (13.9%), cash (0.4%), other (13.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
30 East State Street
Sharon, PA 16146
Sharon, PA 16146
Phone Number
(724) 704-7060
NAIC Number
12593
Website
Largest Affiliates
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