Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is conservative at 1.6% of capital. Fair profitability index (4.6) with operating losses during 2020, 2022, 2023, 2024 and the first six months of 2025. Average return on equity over the last five years has been poor at -0.8%. 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.
Other Rating Factors:
Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Superior liquidity (9.9) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (54.1%), fire (45.9%)
Licensed in:
(No states)
Principal Investments:
Cash (62.1%), investment grade bonds (37.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
647 Philadelphia Street
Indiana, PA 15701
Indiana, PA 15701
Phone Number
(724) 465-4922
NAIC Number
17582
Website
Largest Affiliates
No affiliate information available.