Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (8.0). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
Good overall profitability index (5.6) despite operating losses during 2022 and 2023. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (44.7%), comm multi (17.1%), homeowners (15.8%), fire (9.5%), farmowners (8.8%), product liab. (0.1%), other (4.1%)
Licensed in:
CT, IN, ME, NH, OH, RI, TN, VA, VT, WI
Principal Investments:
Investment grade bonds (78.1%), common stock (10.9%), cash (5.7%), preferred stock (1.3%), non investment grade bonds (0.5%), other (3.5%)
Corporate Info
Group Affiliation
Ohio Mutual Ins Group
Investment Rating
--
Company Address
1725 Hopley Avenue
Bucyrus, OH 44820
Bucyrus, OH 44820
Phone Number
(419) 562-3011
NAIC Number
13072
Website
Largest Affiliates