Major Rating Factors:
Poor long-term capitalization index (0.0 on a scale of 0 to 10) based on weak current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the good range over the last two years. A history of deficient reserves (2.4). Underreserving can have an adverse impact on capital and profits. Deficiencies in the two year reserve development occurred in three of the previous five years and ranged between 16.5% and 36.4%. Weak profitability index (0.5) with operating losses during 2021, 2023, 2024 and 2025.
Other Rating Factors:
Vulnerable liquidity (0.0) as a spike in claims may stretch capacity. Weak overall results on stability tests (0.0) including weak results on operational trends, weak risk adjusted capital in prior years and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 139.7% of capital.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
AZ, ID, OR, UT
Principal Investments:
Investment grade bonds (61.7%), cash (29.7%), non investment grade bonds (4.9%), preferred stock (1.9%), common stock (0.5%), other (1.3%)
Corporate Info
Group Affiliation
United Heritage Mutual Holding Co
Investment Rating
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Company Address
707 East United Heritage Court
Meridian, ID 83642
Meridian, ID 83642
Phone Number
(503) 769-6344
NAIC Number
26824
Website
Largest Affiliates