Rating Date
October 2025
NAIC
Classification
Classification
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
Loss
Ratio
Ratio
Total
Assets
Assets
Capital
Net
Premiums
Premiums
Net
Income
Income
Major Rating Factors:
Weak overall results on stability tests (1.0 on a scale of 0 to 10) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2024. The largest net exposure for one risk is acceptable at 2.9% of capital. Fair profitability index (4.2) with operating losses during 2022 and 2024. Return on equity has been low, averaging 2.5% over the past five years. Strong long-term capitalization index (9.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
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:
Farmowners (39.8%), homeowners (27.8%), fire (23.6%), other (8.9%)
Licensed in:
PA
Principal Investments:
Common stock (49.2%), cash (42.8%), investment grade bonds (7.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
32 South Main Street
Muncy, PA 17756
Muncy, PA 17756
Phone Number
(570) 546-8020
NAIC Number
17892
Website
--
Largest Affiliates
No affiliate information available.