Major Rating Factors:
Strong long-term capitalization index (10.0 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 (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.6) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.9%.
Other Rating Factors:
Excellent liquidity (8.4) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.7) despite. Stability strengths include good operational trends and good risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (54.1%), fire (13.4%), comm multi (12.1%), farmowners (3.4%), personal/comm auto (0.3%), other (16.7%)
Licensed in:
DE, IN, MA, MD, NC, NJ, OH, PA, VA
Principal Investments:
Investment grade bonds (74.2%), common stock (8.6%), real estate (6.3%), cash (0.7%), non investment grade bonds (0.4%), other (9.6%)
Corporate Info
Group Affiliation
Klinefelter Ins Group
Investment Rating
--
Company Address
1 E. Main Street
Ephrata, PA 17522
Ephrata, PA 17522
Phone Number
(717) 733-8648
NAIC Number
26166
Website
Largest Affiliates