Major Rating Factors:
Good liquidity (5.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (3.9) as reserves have generally been sufficient to cover claims. In 2025 the two year reserve development was 15.4% deficient. Fair profitability index (4.6) with operating losses during 2021, 2022, 2023 and 2024.
Other Rating Factors:
Strong long-term capitalization index (7.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (7.0) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (61.7%), homeowners (32.4%), fire (2.4%), other (3.5%)
Licensed in:
ID, OR, WA
Principal Investments:
Investment grade bonds (74.0%), common stock (9.1%), real estate (6.0%), non investment grade bonds (1.1%), other (9.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1300 Dexter Avenue North
Seattle, WA 98109
Seattle, WA 98109
Phone Number
(206) 628-4000
NAIC Number
24341
Website
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