Major Rating Factors:
Strong long-term capitalization index (9.0 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 (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7).
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall results on stability tests (8.9). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (28.7%), work comp (11.8%), fire (6.1%), comm multi (5.0%), product liab. (2.3%), fin guar/surety (1.6%), homeowners (0.2%), other (44.3%)
Licensed in:
All states except HI
Principal Investments:
Investment grade bonds (55.7%), common stock (29.3%), non investment grade bonds (1.6%), real estate (0.6%), preferred stock (0.5%), other (12.4%)
Corporate Info
Group Affiliation
Federated Mutual Ins Co
Investment Rating
--
Company Address
121 East Park Square
Owatonna, MN 55060
Owatonna, MN 55060
Phone Number
(507) 455-5200
NAIC Number
13935
Largest Affiliates