Major Rating Factors:
Weak overall results on stability tests (1.0 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 20.2% of capital. Fair profitability index (3.9) with operating losses during 2023 and 2024. Return on equity has been low, averaging 1.9% over the past five years. 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:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent liquidity (7.4) 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:
Personal/comm auto (100.0%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (84.0%), common stock (12.2%), cash (3.7%)
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
No affiliate information available.