Westfield Premier Ins Co
Major Rating Factors:
Weak overall results on stability tests (0.0 on a scale of 0 to 10) including excessive premium growth and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 56.7% of capital. Strengths include potentially strong support from affiliation with Ohio Farmers Ins Co. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Good profitability index (4.9). Excellent expense controls.
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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Comm multi (54.7%), personal/comm auto (18.8%), work comp (5.2%), fire (1.1%), product liab. (0.3%), other (19.9%)
Licensed in:
AL, AR, AZ, CO, DE, GA, IA, IL, IN, KS, KY, MD, MI, MN, MO, MS, NC, NE, NM, NV, OH, PA, SC, TN, TX, VA, WI, WV
Principal Investments:
Investment grade bonds (95.4%), other (4.6%)
Corporate Info
Group Affiliation
Ohio Farmers Ins Co
Investment Rating
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Company Address
One Park Circle
Westfield Center, OH 44251
Westfield Center, OH 44251
Phone Number
(330) 887-0101
NAIC Number
16450
Website
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Largest Affiliates