Major Rating Factors:
Weak overall results on stability tests (0.8 on a scale of 0 to 10) including negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 22.1% of capital. Fair profitability index (3.8) with operating losses during 2023, 2024 and 2025. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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.
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.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (83.7%), common stock (13.2%), cash (3.1%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
400 North Richmond Street
Appleton, WI 54911
Appleton, WI 54911
Phone Number
(920) 832-3970
NAIC Number
21270
Website
Largest Affiliates
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