Major Rating Factors:
Fair reserve development (4.1 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 19.6% deficient. Fair profitability index (3.5) with operating losses during 2022, 2023 and 2024. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.8) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (41.1%), homeowners (31.2%), farmowners (12.4%), comm multi (8.5%), fire (1.2%), other (5.7%)
Licensed in:
AZ, ID, MT, ND, OR, SD, UT, WA, WY
Principal Investments:
Investment grade bonds (79.2%), common stock (15.7%), cash (1.3%), other (3.8%)
Corporate Info
Group Affiliation
Mutual of Enumclaw Ins Holding Co
Investment Rating
--
Company Address
1460 Wells Street
Enumclaw, WA 98022
Enumclaw, WA 98022
Phone Number
(360) 825-2591
NAIC Number
14761
Website
Largest Affiliates