Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2022 and 2025. Fair overall results on stability tests (3.0) including negative cash flow from operations for 2025. The largest net exposure for one risk is acceptable at 2.0% of capital. Good long-term capitalization index (6.1) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year.
Other Rating Factors:
Good liquidity (5.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
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 (34.9%), fire (26.6%), comm multi (19.2%), farmowners (4.8%), other (14.6%)
Licensed in:
PA
Principal Investments:
Common stock (57.4%), investment grade bonds (23.2%), real estate (3.5%), cash (2.0%), other (13.9%)
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
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