Major Rating Factors:
History of adequate reserve strength (6.6 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.0) with small operating losses during 2023. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Good overall results on stability tests (5.7) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (8.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (46.1%), fire (39.9%), farmowners (6.6%), comm multi (6.5%), other (0.9%)
Licensed in:
PA
Principal Investments:
Common stock (59.0%), investment grade bonds (36.9%), cash (2.2%), real estate (0.1%), other (1.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
18132 Route 208
Marble, PA 16334
Marble, PA 16334
Phone Number
(814) 354-7315
NAIC Number
17094
Website
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