Major Rating Factors:
Weak overall results on stability tests (2.3 on a scale of 0 to 10) including weak results on operational trends and fair risk adjusted capital in prior years. The largest net exposure for one risk is acceptable at 2.1% of capital. Fair long-term capitalization index (3.0) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the fair range during the last year. Fair profitability index (4.0) with operating losses during 2023 and 2025.
Other Rating Factors:
Good liquidity (5.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (90.8%), fire (3.3%), other (5.9%)
Licensed in:
AR
Principal Investments:
Investment grade bonds (61.4%), cash (30.3%), common stock (4.8%), real estate (3.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1201 West Court Street
Paragould, AR 72450
Paragould, AR 72450
Phone Number
(870) 236-2208
NAIC Number
14250
Website
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