Major Rating Factors:
Weak overall results on stability tests (0.6 on a scale of 0 to 10) including weak risk diversification, weak results on operational trends and negative cash flow from operations for 2025. The largest net exposure for one risk is excessive at 13.7% of capital. Fair reserve development (3.7) as reserves have generally been sufficient to cover claims. Fair profitability index (3.4) with operating losses during 2021, 2023 and 2024.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.2) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Fire (94.8%), other (5.2%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (50.7%), cash (28.4%), common stock (20.9%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
814 Fifth Avenue
Patton, PA 16668
Patton, PA 16668
Phone Number
(814) 674-5710
NAIC Number
27200
Website
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Largest Affiliates
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