Major Rating Factors:
Good liquidity (5.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.2) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent overall results on stability tests (7.7). Stability strengths include excellent operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.2% of capital. 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 (35.3%), homeowners (32.4%), comm multi (19.7%), farmowners (5.4%), fire (1.6%), work comp (0.9%), other (4.8%)
Licensed in:
IL, IN, OH, TN
Principal Investments:
Investment grade bonds (68.5%), common stock (21.6%), real estate (4.5%), other (5.3%)
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
26131
Website
Largest Affiliates