Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.1) with operating losses during 2022. Return on equity has been low, averaging 1.1% over the past five years. Good overall results on stability tests (5.6) despite excessive premium growth.
Other Rating Factors:
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. 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (68.3%), personal/comm auto (19.5%), fire (19.2%), comm multi (8.0%), product liab. (0.8%)
Licensed in:
All states except CA, CO, ID, MT, NE, NM, WV, WY
Principal Investments:
Investment grade bonds (99.4%), cash (0.5%), other (0.1%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
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Company Address
518 East Broad Street
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(833) 724-3577
NAIC Number
23353
Website
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Largest Affiliates