C
Friends Cove Mutual Ins Co
Bedford,  PA
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.92
Risk Adjusted
Capital Ratio #2
1.81
Loss
Ratio
47.50%
Total
Assets
12.98M
Capital
9.09M
Net
Premiums
1.72M
Net
Income
-806.09K
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Weiss Ratings Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Rating C
Capitalization Index 7.70
Investment Safety Index --
Liquidity Index 8.40
Profitability Index 5.00
Reserve Adequacy Index 8.20
Stability Index 2.90
Company Info Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Industry P&C
NAIC Number 17175
Phone Number (814) 623-1100
Website www.friendscove.com
Address 500 East Pitt Street Bedford, PA 15522
Balance Sheet Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Total Assets 12.98M
Capital and Reserves Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Risk-Adjusted Capital Ratio #1 2.92
Risk-Adjusted Capital Ratio #2 1.81
1-Year Reserve Development -180.00%
2-Year Reserve Development -250.00%
Capital 9.09M
Premium to Surplus 30.00%
Reserves to Surplus 10.00%
Investments Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Medical Loss Ratio --
Cash From Underwriting 90.00%
Combined Ratio 100.00%
Expense Ratio 60.00%
Loss Ratio 47.50%
Net Premium Growth 10.00%
Other Medical Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Friends Cove Mutual Ins Co
Bedford, PA 		Click to
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Net Income -806.09K
Net Premium 1.72M
Health Premium --