Major Rating Factors:
Strong long-term capitalization index (8.4 on a scale of 0 to 10) 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. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall results on stability tests (7.1). Stability strengths include excellent operational trends and excellent risk diversification. Fair profitability index (4.7) with operating losses during 2020. Return on equity has been low, averaging 1.1% over the past five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (49.2%), homeowners (29.2%), farmowners (18.0%), fire (1.2%), other (2.3%)
Licensed in:
CA, CO, ID, MT, NV, OR, WA, WY
Principal Investments:
Investment grade bonds (65.1%), common stock (27.6%), cash (1.5%), real estate (0.8%), preferred stock (0.2%), other (4.8%)
Corporate Info
Group Affiliation
Grange Ins Association
Investment Rating
--
Company Address
200 Cedar St
Seattle, WA 98121
Seattle, WA 98121
Phone Number
(206) 448-4911
NAIC Number
22101
Website
Largest Affiliates