Major Rating Factors:
Strong long-term capitalization index (8.4 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 (7.0) that can protect against increases in claims costs. Excellent profitability index (7.5).
Other Rating Factors:
Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.9) 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:
Homeowners (53.0%), comm multi (22.9%), fire (10.8%), other (13.4%)
Licensed in:
DE, MD, NJ, NY, OH, PA
Principal Investments:
Investment grade bonds (49.1%), common stock (39.1%), cash (6.0%), non investment grade bonds (1.9%), real estate (0.8%), other (3.1%)
Corporate Info
Group Affiliation
Cumberland Ins Group
Investment Rating
--
Company Address
633 Shiloh Pike
Bridgeton, NJ 08302
Bridgeton, NJ 08302
Phone Number
(856) 451-4050
NAIC Number
13684
Website
Largest Affiliates