D
TX Pioneer Farm Mutl Ins Assn
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Major Rating Factors: Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during 2024 and 2025. Vulnerable liquidity (2.8) as a spike in claims may stretch capacity. Weak overall results on stability tests (1.3) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2025.
Other Rating Factors: Good long-term capitalization index (5.4) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2024. History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. 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: Fire (100.0%)
Licensed in: TX
Principal Investments: Investment grade bonds (37.3%), common stock (17.2%), cash (16.4%), non investment grade bonds (2.9%), real estate (1.1%), other (25.1%)
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Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
209 West Main Avenue
Round Rock, TX 78664
Phone Number
(512) 255-4874
NAIC Number
17246
Largest Affiliates
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