Major Rating Factors:
Weak profitability index (2.7 on a scale of 0 to 10) with operating losses during 2022 and 2024. Weak overall results on stability tests (0.7) including weak results on operational trends, weak risk diversification and negative cash flow from operations for 2025. Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent liquidity (7.0) 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:
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Licensed in:
PA
Principal Investments:
Cash (49.7%), common stock (36.7%), investment grade bonds (13.5%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
32 South Main Street
Muncy, PA 17756
Muncy, PA 17756
Phone Number
(570) 546-8020
NAIC Number
17892
Website
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Largest Affiliates
There are no affiliate to display.