Major Rating Factors:
Strong long-term capitalization index (9.8 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.2) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (7.6). Stability strengths include excellent operational trends and excellent risk diversification.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.2) with operating losses during 2022 and 2023.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (43.5%), homeowners (23.1%), comm multi (16.8%), farmowners (11.9%), fire (1.0%), work comp (0.5%), other (3.1%)
Licensed in:
IL, IN, OH, TN
Principal Investments:
Investment grade bonds (54.7%), common stock (19.4%), cash (15.0%), real estate (6.3%), other (4.6%)
Corporate Info
Group Affiliation
Western Reserve Group
Investment Rating
--
Company Address
2865 Benden Drive
Wooster, OH 44691
Wooster, OH 44691
Phone Number
(330) 262-9060
NAIC Number
26123
Website
Largest Affiliates