Farmers Ins Co of Oregon
Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) despite operating losses during 2021, 2022 and 2023. Return on equity has been low, averaging 2.2% over the past five years. Strong long-term capitalization index (8.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.6). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (54.7%), homeowners (31.3%), comm multi (5.9%), fire (2.8%), work comp (0.6%), fin guar/surety (0.3%), other (4.5%)
Licensed in:
CA, MI, OR
Principal Investments:
Investment grade bonds (90.8%), cash (0.8%), other (8.4%)
Corporate Info
Group Affiliation
Farmers Ins Group of Companies
Investment Rating
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Company Address
6301 Owensmouth Avenue
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(818) 965-0433
NAIC Number
21636
Website
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