Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.7% of capital. Good profitability index (5.0) with operating losses during 2022 and the first six months of 2025. Return on equity has been low, averaging 4.3% over the past five years. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2022. Ample reserve history (7.0) that can protect against increases in claims costs.
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:
Homeowners (34.5%), fire (25.8%), comm multi (18.3%), farmowners (6.4%), other (14.9%)
Licensed in:
PA
Principal Investments:
Common stock (51.4%), investment grade bonds (21.6%), cash (3.4%), real estate (3.2%), other (20.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
205 S. Eberhart Road
Butler, PA 16001
Butler, PA 16001
Phone Number
(724) 482-6520
NAIC Number
17108
Website
Largest Affiliates
No affiliate information available.