Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is conservative at 1.3% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent profitability index (8.3). Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
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 (38.0%), farmowners (27.1%), fire (23.9%), other (11.0%)
Licensed in:
PA
Principal Investments:
Investment grade bonds (64.1%), common stock (19.6%), cash (5.4%), non investment grade bonds (1.2%), preferred stock (0.8%), real estate (0.7%), other (8.2%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5992 Fall Brook Road
Troy, PA 16947
Troy, PA 16947
Phone Number
(570) 297-4779
NAIC Number
17191
Website
Largest Affiliates
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