Major Rating Factors:
Good overall results on stability tests (5.2 on a scale of 0 to 10) despite. Stability strengths include excellent operational trends and good risk diversification. Fair profitability index (4.5) with operating losses during 2025. Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Comm multi (56.3%), homeowners (35.4%), fire (2.5%), farmowners (0.4%), other (5.4%)
Licensed in:
NY
Principal Investments:
Investment grade bonds (78.9%), common stock (16.2%), cash (3.1%), real estate (0.9%), other (1.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5612 Route 34 South
Auburn, NY 13021
Auburn, NY 13021
Phone Number
(315) 252-7218
NAIC Number
26818
Website
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