Farmers Ins Co of Flemington
Major Rating Factors:
Fair profitability index (3.6 on a scale of 0 to 10) with operating losses during 2023 and 2024. History of adequate reserve strength (6.1) as reserves have been consistently at an acceptable level. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.2) despite negative cash flow from operations for 2025. Stability strengths include good operational trends and good risk diversification. Strong long-term capitalization index (7.9) 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:
Homeowners (42.2%), comm multi (37.1%), fire (7.0%), personal/comm auto (1.6%), product liab. (0.2%), other (11.9%)
Licensed in:
NJ
Principal Investments:
Investment grade bonds (71.0%), common stock (14.6%), real estate (8.2%), cash (4.7%), other (1.6%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
23 Royal Road
Flemington, NJ 08822
Flemington, NJ 08822
Phone Number
(908) 782-4120
NAIC Number
16446
Largest Affiliates
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