D
Mountain States Comm Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Weak overall results on stability tests (1.3 on a scale of 0 to 10) including excessive premium growth and weak results on operational trends. Strengths include potentially strong support from affiliation with Donegal Mutual Ins Co. Fair profitability index (4.9). History of adequate reserve strength (5.0) as reserves have been consistently at an acceptable level.
Other Rating Factors: Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Superior liquidity (9.9) with ample operational cash flow and liquid investments.
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: Work comp (100.0%)
Licensed in: NM
Principal Investments: Investment grade bonds (63.2%), cash (34.2%), other (2.6%)
Ratios
Premium to Surplus
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Reserve to Surplus
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1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
Donegal Mutual Ins Co
Investment Rating
--
Company Address
5051 Journal Center Boulevard, NE
Albuquerque, NM 87109
Phone Number
(505) 764-1400
NAIC Number
15726
Largest Affiliates
A
Marietta, PA - P&C
A
Marietta, PA - P&C
B
Glen Allen, VA - P&C
B
Grand Rapids, MI - P&C
B
Marietta, PA - P&C