Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) including excessive premium growth. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (9.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent profitability index (7.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (58.6%), farmowners (20.4%), fire (4.6%), other (16.4%)
Licensed in:
KS
Principal Investments:
Investment grade bonds (79.2%), cash (20.1%), real estate (0.4%), common stock (0.3%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1435 Southwest Topeka Boulevard
Topeka, KS 66612
Topeka, KS 66612
Phone Number
(785) 354-8452
NAIC Number
14362
Website
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