Major Rating Factors:
Good overall profitability index (5.0 on a scale of 0 to 10) with small operating losses during 2022 and the first six months of 2025. Return on equity has been low, averaging 3.1% over the past five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite. Stability strengths include excellent operational trends and good risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Stability Factors:
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 (71.4%), fire (22.1%), farmowners (5.6%), comm multi (0.3%), other (0.7%)
Licensed in:
OH, PA, WV
Principal Investments:
Common stock (43.8%), investment grade bonds (36.5%), cash (12.9%), real estate (1.4%), other (5.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
950 Main Street
Wellsburg, WV 26070
Wellsburg, WV 26070
Phone Number
(304) 737-3371
NAIC Number
14656
Website
Largest Affiliates
No affiliate information available.