Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.4) despite negative cash flow from operations for 2025. Stability strengths include excellent operational trends and good risk diversification. Fair profitability index (4.1) with operating losses during 2022 and 2025.
Other Rating Factors:
Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Stability Factors:
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (73.0%), fire (20.0%), farmowners (5.6%), comm multi (0.3%), other (1.1%)
Licensed in:
OH, PA, WV
Principal Investments:
Common stock (47.7%), investment grade bonds (37.7%), cash (10.4%), real estate (1.3%), other (2.8%)
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
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